New Price Adjustment If you are seeking a spacious 1-bedroom with deeded garage parking space in a modern condo building for under $500, 000 this is it! Unit 508 is a corner unit located in one of NYC best kept secret neighborhoods Briarwood. The apartment boosts open concept kitchen with large kitchen island and stainless steel appliances. The primary bedroom features a walk-in closet and is large enough to fit a king size bed. Some of Briar Manor’s amenities include a fitness center, playroom, 24-hour security in all common areas, elevator, laundry room, and sweeping rooftop views of New York City. Residents have easy access to Grand Central Parkway and the Van Wyck Expressway, as well as a newly-renovated Briarwood E and F subway stop and multiple bus routes including the Q20, Q44, and Q60. The QM21 bus goes directly to Manhattan and stops at both 23rd and Park Avenue and 57th and 3rd Avenue. There is also QM1, QM5, QM6, QM7 on Main St/Union Turnpike which are express buses to Manhattan. Schedule to come see one of the best values on the market!
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$489,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,603 | $2,570 | $3,299 |
Total Monthly Payment | $2,678 | $2,645 | $3,374 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.