Welcome home to this spacious 2 bed, 2 bath loft apartment with private outdoor space in the heart of NoMad. Encompassing over 1, 500 square feet of interior space, this unique apartment boasts 10. 6-foot ceilings and an open layout that seamlessly integrates the dining area with the kitchen and corner living room, evoking the quintessential NYC vibe. Ideal for hosting guests, the apartment features a spacious gourmet kitchen equipped with a Viking range and stove, an LG refrigerator, and a Bosch dishwasher. The dining area is big enough to be sectioned off into an additionl room. Throughout the space, Brazilian wide plank cherry hardwood floors add warmth and elegance. Accessible from both the primary suite and living room, the L-shaped outdoor terrace enhances the living experience. The primary suite is appointed with an expansive custom-designed walk-in closet and an ensuite bath featuring a double sink vanity. The second bedroom offers ample space and includes two sizable closets with custom built-ins. Abundant closet space, an LG washer and dryer, and the privacy of a boutique condominium further enhance the home's appeal. Originally built in 1922 and converted in 2005, Park South Lofts is a boutique pre-war condominium boasting 40 units. Pet-friendly amenities include a full-time door attendant, video security, and a fitness center. Situated in the highly sought-after NoMad neighborhood, the building offers convenient access to transportation, Whole Foods, Trader Joe's, numerous dining options, and Madison Square Park.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $1,529 | $1,529 | $1,529 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,282 | $8,849 | $12,004 |
Total Monthly Payment | $9,936 | $10,503 | $13,658 |
* 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.