Welcome to your new East Village dream home… A beautifully renovated studio / convertible one-bedroom co-op located just two blocks from Tompkins Square Park. Beautifully updated from top to bottom, this home impresses with tall ceilings, beautiful wide- plank flooring, and gorgeous exposed and painted brick walls. The massive yet incredibly practical open floor plan provides a generous footprint for living, dining, home office and sleeping areas. Arrive in the ground-floor, loft-like apartment and discover spacious living and dining areas surrounding a windowed alcove kitchen with sleek white cabinetry, exposed shelves, handsome countertops, subway tile backsplashes and a charming apron-front sink. Stainless steel appliances include a gas cooktop and a full-size refrigerator. Past the living area, you will find the king-size sleeping alcove alongside a roomy closet. A windowed bathroom with a rain shower stall, contemporary vanity and an in-unit washer-dryer completes this rare East Village gem. 527 East 12th Street is a 1901 pet-friendly building where residents enjoy a glorious rooftop deck and bike storage ($25 per year. No lithium batteries). Pets welcome! In this unbeatable location, you’re surrounded by the quintessential East Village lifestyle anchored by historic Tompkins Square Park. Outstanding boutiques, restaurants and cocktail lounges line every block, while 14th Street offers a nearby Target and Trader Joe’s. Enjoy fantastic waterfront outdoor space and recreation at sprawling East River Park, or head to Union Square to explore the city’s largest year-round greenmarket. The L train a block away, N/Q/R/W and 4/5/6 trains run from Union Square, CitiBikes, the FDR, and excellent bus service — including the 14th Street Busway put the rest of the city within easy reach. *Please note: This is a HDFC co-op building with income restrictions totaling 165% of area median income (AMI). Income caps are as follows: 1 Occupant – $163, 185 2 Occupants – $186, 450 Showing by Appointment **Some photos are virtually staged**
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,900
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 | $2,320 | $2,320 | $2,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $14 | $18 |
Total Monthly Payment | $89 | $89 | $93 |
* 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.