Stunning Jr. 1-Bedroom Apartment with Breathtaking Views! Step into this bright and airy Jr. 1-bedroom apartment on the 17th floor, where stunning open views and natural light flood the space, creating a welcoming and serene atmosphere. With wood floors throughout and a generously sized living area, there's ample room for both dining and a work-from-home setup, making it perfect for today's lifestyle. Enjoy the convenience of abundant closet space and a well-designed layout that maximizes both style and function. The maintenance fee covers property taxes, cooking gas, AC/heat unit, basic cable, and water-so you only pay for electricity! This move-in ready gem offers exceptional value in a fantastic location. Schedule your tour today and make this bright, beautiful space your new home! Cats are welcome! Gerard Towers is a 25-story, fireproof high-rise situated just around the corner from the bustling Austin Street. The building offers an array of amenities, including a 24-hour doorman, a seasonal heated pool and saunas, a fitness center, a private garden with seating, a children's playroom, bike and storage rooms, and garage parking. The building also boasts a newly renovated modern lobby, and a Trader Joe's has recently opened right across the street. For convenient transportation, there's an express bus to midtown right at the entrance, and only a few blocks to the express E & F subway lines and the LIRR.
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,595 | $2,024 |
Total Monthly Payment | $1,712 | $1,670 | $2,099 |
* 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.