237 ELDRIDGE STREET - APARTMENT 34 - LOWER EAST SIDE
HIGH CEILINGS - PRE-WAR CHARM - LOFT-LIKE - W/D IN UNIT
This is a tremendous opportunity to own this top floor, LOFT-like apartment, located at the vibrant intersection of the Lower East Side, Nolita, and East Village, which is a stunning blend of pre-war charm and modern convenience. The apartment's character is elevated by 11-foot beamed ceilings, freshly painted, exposed brick wall, and beautiful hardwood flooring. Two oversized west-facing windows, framed by the original wooden trim, fill the space with natural light, highlighting its unique beauty.
The recently updated kitchen is equipped with new countertops, a modern oven, and a refrigerator, making it perfect for home chefs. The spacious bathroom features a freestanding cast-iron tub, two windows, and generous closet space, providing a serene retreat within the city. Additionally, the convenience of an in-unit washer and dryer enhances the modern living experience.
Residents will enjoy a dedicated bike storage space and easy access to several subway lines (F, B, D, M, J, Z, 6) and Citi Bike stations, making commuting and city exploration a breeze. In addition to its close proximity to many transportation hubs, it is also perfectly situated near Whole Foods, Lucien, and Equinox and an abundance of the best restaurants and nightlife downtown.
237 Eldridge Street is a pet-friendly HDFC co-op with income restrictions: a single occupant must earn under $180, 000 in annual income, and two occupants must earn under $220, 000 in aggregate annual income. Subletting, pied-a-terres, parental gifting, co-purchasing and guarantors are all permitted, presenting a unique opportunity to own in one of Manhattan's most sought-after neighborhoods.
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:
$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,430 |
Total Monthly Payment | $2,753 | $2,751 | $3,522 |
* 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.