Opportunity to combine 2 units! Discover the unique opportunity to combine and transform Units 5A and 5B at 310 East 23rd Street into a spacious and stunning two bedroom, 2. 5 bathroom home with a large den, a dedicated laundry area, and an open kitchen with breakfast bar (see proposed floor plans). Imagine the possibilities: expansive living spaces with high ceilings, a luxurious south facing primary suite, hardwood floors, abundance of closets, oversized windows facing quiet exposures (West, East and South) and through the wall AC. This particular combination has been executed flawlessly on other floors. Unit 5B is already beautifully renovated and in pristine condition - including a new AC, new window treatments, a renovated bathroom and brand new kitchen components that can be moved and reconfigured. The Foundry, a pre-war converted factory building, offers a newly designed planted roof deck, common laundry facilities, bike room, storage, video intercoms and a resident superintendent. Convenient amenities nearby include a grocery store across the street. Neighborhood hot spots include the Union Square Market, Pete’s Tavern, Friend of A Farmer, Casa Mono and much more! Nearby trains include 6, N, R, and W at 23rd street and the L at 1st Avenue. This flexible pet-friendly CONDOP allows in unit washer/dryers, guarantors, parents buying with/for children, pied-a-terres, and unlimited subleasing after one year. Live/Work is OK. Cable/Internet provided for only $55 per month (additional charge per unit). Up to 80% Financing. 2% flip tax in place. Monthly assessment of $869 in place of through September 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,390,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,112,000 | $1,112,000 | $1,112,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,227 | $6,757 | $9,160 |
Total Monthly Payment | $6,352 | $6,882 | $9,285 |
* 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.