Beautifully renovated one-bedroom cooperative, offering just under 750 square feet of comfortable living space. The L-shaped living room seamlessly flows into the dining area, creating a versatile layout ideal for both relaxing and entertaining. The unit underwent significant updates in 2016, including a full bathroom renovation, new crown moldings, base moldings and doors throughout. The kitchen was also fully renovated with white shaker cabinets, quartz countertops, and stainless steel appliances, providing ample storage for all your needs. Recent improvements in 2024 include a fresh coat of paint throughout and the addition of a stylish pocket door for the bathroom, enhancing both the aesthetics and functionality of the space. With a low monthly maintenance fee of $858. 98, which covers heat, hot water, cooking gas, and real estate taxes. The cooperative also features a low flip tax of just $5. 00 per share (230 shares) and is rentable after two years of ownership with board approval. The cooperative's convenient location offers easy access to shopping, public transportation, and express bus routes to the city. Don't miss your chance to own this meticulously maintained, modern unit. Selling 'as is'.
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$229,000
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 | $183,200 | $183,200 | $183,200 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,219 | $1,218 | $1,571 |
Total Monthly Payment | $1,294 | $1,293 | $1,646 |
* 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.