Discover this rare East Village studio with loft like ambiance and garden access. This studio is so much more with its ability to convert easily to a one bedroom. Showcasing stunning nearly 12' high ceilings, excellent storage space and in-unit washer dryer, this one checks all the boxes. Styled with an international eclectic bohemian flair, the possibilities are endless to customize your own home. A fully renovated kitchen features ample storage space, custom glass backsplash and modern streamlined design. Towards the rear of the apartment is a sliding glass door leading out to an enchanting sun-filled garden, a perfect place to work from home, entertain or relax. This artful home has been lovingly cared for and maintained by the same owner for the past 35 years.
54 East 1st Street is a pet friendly well-maintained 16 unit co-op building that is conveniently located at the crossroads of LES, Nolita, Soho, and Chinatown. Easy access to Whole Foods, Union Market, boutique shopping, incredible restaurants and entertainment options . Nearby major public transportation including the F, M, D, B, J, Z&6 subway lines, and Citi-bike docking stations at your doorstep. There is a current assessment of $612. 80/month to replenish the reserve that ends January 2025. This coop permits co-purchasing, guarantors, and gifting permitted on a case by case basis.
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Our Executive Mortgage Banker:
Our Insurance Division:
$624,000
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 | $499,200 | $499,200 | $499,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,405 | $3,318 | $4,210 |
Total Monthly Payment | $3,497 | $3,410 | $4,302 |
* 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.