Experience the perfect balance of comfort, style, and investment potential in this sun-drenched 2-bedroom, 1-bathroom condo. Spanning 1, 027+/- square feet, this modern residence boasts an additional 173+/- square-foot south-facing terrace with serene, tree-lined views—a rare find in the heart of Manhattan. Situated at the intersection of the East Village, Noho, and the Lower East Side, this home offers an unparalleled indoor-outdoor living experience, combined with the energy of some of New York’s most sought-after neighborhoods. Step outside to discover top-rated restaurants, cafés, boutique shopping, and lush green spaces—blending vibrant city life with the tranquility of your own urban oasis. Inside, the expansive open-concept living and dining area features oak floors, soaring ceilings, and floor-to-ceiling windows that flood the space with natural light. The large private terrace is perfect for al fresco dining or enjoying the city views with your morning coffee. The gourmet kitchen is a chef's dream, complete with a large quartzite eat-in peninsula, sleek custom Pedini Italian cabinetry, and premium appliances, including a vented Viking gas range and stainless-steel appliances by Bosch, Viking, and Liebherr. Retreat to the spacious primary suite, which includes a California Closets walk-in closet and sun-filled southern exposure. The second bedroom is generously sized to accommodate a full-size bed and a desk, ideal for guests or a home office. The spa-like bathroom features a deep soaking tub with air jets, a rainfall shower, and luxurious travertine finishes. For added convenience, there is an in-unit Miele washer and dryer. 62 East 1st Street provides residents with a suite of modern amenities, including a Butterfly MX intercom system, a package room, and a rooftop deck with stunning city views. You'll be minutes from Whole Foods, Essex Market, Tompkins Square Park, and iconic dining destinations like Katz’s Delicatessen and Russ & Daughters. NYU is nearby, and multiple subway lines (6, B, D, F, M, J, Z) make commuting a breeze. The projected real estate tax assumes a 17. 5% reduction under the cooperative/condominium abatement – Real Property Tax Law § 467-a. Purchasers are advised to consult a tax professional to determine eligibility for the abatement program. ?
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
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 | $1,060,000 | $1,060,000 | $1,060,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,019 | $6,613 | $8,873 |
Total Monthly Payment | $6,144 | $6,738 | $8,998 |
* 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.