This attractive residence boasts a spacious layout that distinguishes itself from the typical one-bedroom setup, offering a pleasing sense of separation between the living room and bedroom. The open kitchen, inclusive of a dining alcove, is well-appointed with discreet appliances, a KitchenAid stainless steel range, Bosch dishwasher, and a natural stone breakfast bar. The bathroom, designed with a spa-like aesthetic, features a deep soaking tub and beautiful natural stone accents. The expansive living space is adorned with wide-plank wood floors throughout, providing a neutral foundation. Enjoy views of the World Trade Center and the City, along with ample storage including large coat closets at the entrance and a double-wide closet in the bedroom, which conveniently accommodates a king-sized bed.
225 Rector is a full service luxury condominium and is known as an elite Battery Park City residence. Amenities include a thoughtful concierge, one of the best rooftop decks in Manhattan with a cabana and barbecue grills, an indoor pool with a separate sauna room and showers, a state of the art fitness center, laundry room, garage, and a children's play room.
Conveniently located near major subway lines (1, R, 4 and 5) and minutes away from the PATH and WTC Transport Hub (4, 5, A, C, E, J, R, W, Z, 2, 3) the building provides easy access to all parts of NYC and NJ.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,900
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 | $3,920 | $3,920 | $3,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $26 | $26 | $34 |
Total Monthly Payment | $101 | $101 | $109 |
* 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.