OPEN HOUSE BY APPOINTMENT ONLY – PLEASE EMAIL TO BOOK YOUR TIME SLOT IN ADVANCE. Apartment 3B is an inviting two-bedroom, one-bathroom residence situated in a prime Lower East Side location. The home boasts high ceilings that enhance the airy, spacious living area, complemented by pristine Brazilian Cherry-colored hardwood floors, that add warmth and character. The Kitchen nook, featuring a window, offers potential for a refresh and customization. The spacious primary bedroom provides ample room with double-height closets, allowing you to create your own unique space. The versatile second bedroom can be used as a home office, guest room, or media room. The updated bathroom is tastefully designed with a modern touch. Don’t miss out on the opportunity to personalize this welcoming apartment. It’s a must-see, with maintenance costs comfortably under $600. 00. There is an on-site management office. Located in the Lower East Side neighborhood, 169 Allen Street is a well-maintained and financially solid HDFC Co-op with Income Restrictions. Based on the 165% from 2024 NYC Area AMI: 1 Person - $179, 355 2 People - $205, 095 3 People - $230, 670 The J/Z and F metro trains are a few blocks away and Whole Foods, Trader Joe’s and Essex Market are conveniently nearby. Strategically located, the building is also close to the vibrant shopping and dining scenes of the East Village, Little Italy, Chinatown, Nolita and Soho. Pets are allowed with Board approval. Primary residence is required. Sublet is allowed after 2 years. Guarantors are not permitted. Gifting is allowed. Co-purchasing is allowed (both purchasers must meet the income requirement)
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$659,000
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 | $527,200 | $527,200 | $527,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,596 | $3,504 | $4,484 |
Total Monthly Payment | $3,688 | $3,596 | $4,576 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.