New York (Financial District), NY, 10038 | $700,000

Impeccably designed alcove studio with private courtyard views near South Street Seaport and Financial District. Discover elevated downtown living with extraordinary affordability in this architect-designed, luxury alcove studio/flex one-bedroom, just steps from the South Street Seaport and Financial District. Flooded with natural light, this open-concept space features custom oak cabinetry, and expansive windows, creating a spacious and sophisticated ambiance. The gourmet kitchen, equipped with Bosch appliances and expansive quartz countertop that doubles as a dining area, is perfect for culinary adventures and entertaining. A remodeled sleek bath with a walk-in shower features a large, custom vanity. Two 7’x 3’ versatile mobile bookcases transform this studio into a private one-bedroom retreat when desired. Key Features: • Prime Location: Situated within the courtyards of the South Bridge Towers community, moments from the scenic Seaport and Financial District. • Move-In Ready: Impeccably maintained, this property is turnkey and move-in ready. • Garden Tranquility: A serene private courtyard view offers a peaceful escape from the city buzz. • Abundant Storage: Architecturally designed storage seamlessly integrates five closets, a custom-built wall length credenza, desk, filing cabinets and more. • Exceptional Value: High-end design and finishes combined with unmatched low monthly maintenance (utilities included) makes this downtown gem a unique opportunity for a discerning buyer in today’s market. This refined urban sanctuary offers luxury, privacy, and an unbeatable location, making it ideal for the modern city dweller.

Features

  • Town: New York
  • Levels: 6
  • Rooms: 3
  • Baths: 1 full
  • Lot Size: 0.000000x0.000000
  • Laundry: Common Area
  • Year Built: 1971
  • Common Charge: $513 Monthly
  • Approx Sq. Feet: 550
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • MLS#: COMP-170463597856076
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/COMP-170463597856076/66frankfortstreet_newyork_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Financial District), NY, 10038

$700,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $560,000 $560,000 $560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,820 $3,722 $4,764
Total Monthly Payment $3,912 $3,814 $4,856

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.