387 Grand Street, #K406, New York (Lower East Side), NY, 10002 | $1,049,000

Spacious 2BR/Balcony! Fantastic layout with a wall of west facing windows with treetop views along with sliding glass doors leading to your own private balcony. Double exposures (west and south) provide excellent light all day long. Windowed eat-in kitchen has plenty of room for a dining table or remove both kitchen walls to connect to the living space for a more open, loft like feel. Both bedrooms are generously proportioned and can easily accommodate a king size bed plus additional furnishings. Windowed bath and excellent storage throughout.

The Seward Park Co-op amenities include a fully equipped gym, two private gated parks, playroom, community room, in building laundry and on site management and maintenance. Just 1. 5 blocks to the F train at East Broadway and 2. 5 blocks to F, J, M, Z at Delancey/Essex. Close to great restaurants, cafes, galleries, etc. on Ludlow, Orchard, Division and Broome streets. Steps to Essex Crossing with Trader Joe's, Target, Regal Cinema, Essex Market, the Market Line and more!

Features

  • Town: New York
  • Cooling: Window Units
  • Levels: 20
  • Amenities: Bike Room; Garage; Outdoor Parking; Garden; Fitness Room; Laundry Room; Lounge; Party Room; Private Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Seward Park Cooperative
  • Year Built: 1953
  • Pet Policy: Pets Allowed
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Attended Lobby
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU63223006033
  • Days on Market: 199 days
  • Website: https://www.raveis.com
    /prop/RPLU63223006033/387grandstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens Residential Sales LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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387 Grand Street, #K406, New York (Lower East Side), NY, 10002

$1,049,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $839,200 $839,200 $839,200
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 $4,765 $5,236 $7,025
Total Monthly Payment $4,890 $5,361 $7,150

* 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.