Welcome to this fabulous and spacious duplex apartment, designed with both comfort and privacy in mind. The lower level features a generously sized bedroom complete with a large walk-in closet, a full bathroom, and your own private balcony - the perfect spot for relaxing after a long day.
Upstairs, the open-concept living and dining area offers a warm and inviting atmosphere, with beautiful hardwood floors throughout and a cozy wood burning fireplace that's ideal for those colder nights. The full bathroom on this level adds convenience for guests, while the expansive kitchen is a chef's dream, boasting custom cabinetry, sleek granite countertops, stainless steel appliances, and a versatile countertop extension perfect for casual dining with barstools.
Each floor of the building is equipped with a washer and dryer for added convenience. This allows residents or guests easy access to laundry facilities without needing to travel between floors or leave the premises, ensuring a more efficient and accessible solution for handling laundry needs.
This duplex offers the unique advantage of separated living spaces, making it feel like a true one-bedroom home with the benefit of added privacy. Don't miss out on the opportunity to enjoy this stunning home!
Located at 529 West 42nd Street, The Armoryoffers a unique blend of modern convenience and flexibility, being zoned for legal live/work use-ideal for both residential and business purposes. The building welcomes co-purchasing, subletting, and guarantors, providing exceptional freedom for owners.
Amenities include a designated bike room, a common rooftop deck, and personal storage. Residents benefit from the convenience of a 24/7 doorman, a resident superintendent, and elevator access. Additionally, laundry facilities are available on every floor, and pets are allowed with board approval.
Building policies allow for up to 80% financing, minimal rental restrictions, and no flip tax. Short-term rentals are permitted from 3 to 12 months, with no waiting period post-purchase, making it an ideal choice for investors and pied- -terre buyers. "
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Our Executive Mortgage Banker:
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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 | $679,600 | $679,600 | $679,600 |
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 | $3,859 | $4,240 | $5,689 |
Total Monthly Payment | $3,951 | $4,332 | $5,781 |
* 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.