SUNNY AND QUIET – HIGH FLOOR ALCOVE STUDIO WITH LOW MAINTENANCE!
Sunny and quiet, high floor alcove studio with incredible closet space – the eastern exposures allow for tranquil courtyard views and an abundance of light … welcome to 16L!
This spacious alcove studio has a low maintenance, as well as a flexible alcove that can be used for an office space, dressing room, or reconfigure it and create a separate sleeping space. The flexible, large living room could easily welcome a bedroom space, dining nook, and a living room – can be configured to your specifications to create a totally unique oasis in the middle of the greatest city in the world!
Enjoy the sunlight in this east facing studio with views of a lovely park, a canopy of tree tops and views all the way to LIC and on July 4th enjoy the East River fireworks from the privacy of your own home! Endless potential to create your own custom space. Kitchen includes solid wood original cabinets. The entire space can be renovated including creation of an open kitchen.
Look out your window and see the trees of a green space … and enjoy the silence of a courtyard just below your windows, no street in your views, no traffic, no pedestrians, all silence on this wonderful cul-de-sac. You can have 16L as your new home in a fantastic and centrally located building, as your pied-a-terre in the wonderful Kips Bay/Gramercy Park neighborhood, or as your long-term investment! Dishwasher and washer dryer all can be added with approval.
New York Towers is a PET-FRIENDLY, well-established, full-service building with a 24-hour doorman, concierge desk for packages and an experienced staff. The building features a recently renovated lobby with designer furniture.
There is a Citi Bike station across the street as well as a new green space and park right next door. Also features a large recently renovated laundry room, bike, and package room, private storage, and a Resident Manager/Super, as well as dedicated on-site Property Manager. Garage with direct access into the building with resident discount rate of $328/month and no wait list!
This coveted neighborhood is centrally located for easy access to Madison Square Park, Gramercy Park, Flatiron, East Village, Union Square and all transportation including subway (near the 6, N, R, and L trains) and bus services, and exceptional shopping with Trader Joe’s, Fairway, and a new Target nearby.
Conveniently located near NYU Dental, Medical, Engineering & Nursing Schools. You can also enjoy some of New York City’s best restaurants including Eataly, Black Star Cafe, Citizens of Gramercy, Mexico Lindo, Hane Sushi, Posto Pizza, the new Rosemary’s East, as well as the best bagels in NYC with Tal, Pick-A-Bagel and Essa Bagels, and of course Starbucks all close by! Great shopping close by including Trader's Joes, Fairway and a new Whole Foods with cafe.
The thermostatically controlled air conditioning and heating are included in the monthly maintenance as well as water and cooking gas! Co-purchasing, gifting, pied-a-terre, and subletting are all allowed. The building has completed its cogeneration conversion ensuring energy efficiency and power during any storms with an on-site generator.
With an abundance of sunlight, numerous closets, and classic hardwood floors throughout, this beautiful home is a dream!
Call or email us for showings!
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
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 | $2,528 | $2,526 | $3,258 |
Total Monthly Payment | $2,603 | $2,601 | $3,333 |
* 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.