A dream residence for theatre lovers and investors!
This exceptional primary residence or pied- -terre is situated in the vibrant heart of New York City at the chic 1600 Broadway on the Square Condo offering a highly unusual and owner-friendly sublet policy, allowing rentals of 30 days or more!
This nearly 900 sq ft one-bedroom with a windowed home office, features stunning floor-to-ceiling windows, hardwood floors, washer/dryer and a private balcony offering a coveted view of the iconic Times Square ball drop.
The spacious living area is perfect for both relaxation and entertaining. The open-concept kitchen is equipped with stainless steel appliances and generous cabinet space, catering to all your culinary needs. The spacious king-size bedroom offers excellent closet space and a private balcony for enjoying fresh air and city views. The luxurious bathroom includes a deep soak tub, a dual sink with medicine cabinets, and elegant limestone flooring.
1600 Broadway on the Square is a sleek, all-glass, full-service building with 24-hour doorman service, 137 units, and 25 floors. Residents enjoy an entire floor dedicated to amenities, including a fitness center, recreation room with billiards, putting green and virtual golf, conference center, and a stunning rooftop deck with breathtaking views. With a wealth of Broadway theatres, restaurants, shopping, and transportation options right at your doorstep, and close proximity to Rockefeller Center, Bryant Park, MOMA, Carnegie Hall, and Central Park, this condo offers unparalleled city living. Pets are Welcome!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,065 | $4,467 | $5,994 |
Total Monthly Payment | $4,157 | $4,559 | $6,086 |
* 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.