Sweeping views from every window! Residence 25-H is a beautiful two bedroom, two bathroom corner unit located on the coveted top southwest corner of Liberty Terrace Condominium. The incredible location of this tranquil oasis boasts unobstructed, panoramic vistas of sailboats on the Hudson River with the Statue of Liberty, Ellis Island and Hudson County as part of the magnificent landscape. This lovely home offers many desirable features, including high ceilings, a split-plan layout, beautiful architectural details, custom closets and hardwood floors. The primary bedroom boasts an en suite bath with tumbled marble stone and spa tub, as well as a private balcony. The eat in kitchen has granite countertops, Fisher& Paykel refrigerator, Miele dishwasher, GE microwave, Whirlpool range and a lovely south-facing window in the eating area drenched in sunlight. The spacious dining room affords south and west bird's eye views, where one sees the subtle majestic bends of the river in all their glory.
Liberty Terrace is a state of the art high-rise luxury condominium located at the end of a cul-de-sac surrounded by beautifully landscaped green spaces including Rector Park and the Hudson River Waterfront. The amenities at Liberty Terrace include a full-time doorman, concierge and live-in superintendent, laundry on every floor, a riverfront gym, and pool with outdoor deck and retractable sun roof. Pets 25lbs or less are welcome with prior management approval.
Liberty Terrace Condominium is a land lease building which is owned by the Battery Park Authority . Since government agencies do not pay property taxes, the unit owners pay what is called Paid-In-Lieu of Taxes ("PILOT"), the amount of which is included as part of the monthly common charge calculation. is included in each month's common charges. Currently 49. 9% of expenses is PILOT; 4, 624. 76 x 0. 499 $2, 3077. 76 is estimated as PILOT per month.
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William Raveis Mortgage, LLC
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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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,153 | $8,842 | $11,925 |
Total Monthly Payment | $8,278 | $8,967 | $12,050 |
* 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.