Now Offering 2 Years Common Charge AND 2 Years Real Estate Tax Credit on remaining inventory. Contracts need to be signed by end of 2024.
Designed by ODA Architects with interiors by Andres Escobar & Associates, 505 W 43 offers 123 stylish studio to three-bedroom condominium residences in two boutique towers situated around a central planted courtyard. Residents of 505 W 43 enjoy a robust amenity suite that includes an indoor pool with adjacent outdoor sun-deck, fitness center, double-height lobby library and lounge, and playroom.
Residences at 505 W 43 are light, bright, and spacious, featuring floor-to-ceiling windows, 5" wide oak plank flooring, white lacquered kitchens with Grohe fixtures and appliances by Thermador and Bosch, and bathrooms with marble floors and Toto fixtures. Many of 505 W 43's residences feature spacious outdoor terraces and balconies that overlook the property's quiet interior court.
Located where Hell's Kitchen meets Hudson Yards, 505 W 43 offers convenient access to many of the city's most dynamic and storied destinations, from vibrant Hudson River Park and Greenway to Midtown and the Theatre District. With one foot amidst the city's most iconic attractions and another in a quiet and convenient residential neighborhood, 505 W 43 provides the best of iconic New York City living for a wide variety of potential purchasers.
8H is a distinctive, 1, 854 square-foot three-bedroom home with expansive living room. This spacious residence features a five-fixture master bathroom, floor-to-ceiling windows overlooking sunny southern views, five-inch light oak flooring throughout, and an open kitchen with white lacquer cabinetry, white quartz countertops and Bosch oven, refrigerator and dishwasher. There is also a Bosch washer and dryer, Silhouette wine refrigerator, and an InSinkerator food disposal.
The complete offering terms are in an Offering Plan available from Successor-Sponsor. File No. CD16-0304. Successor-Sponsor: CW Condo 2 Acquisition LLC, C/O Tishman Realty Partners LLC, 100 Park Avenue, New York, New York 10017. Equal Housing Opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,525,000
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 | $2,020,000 | $2,020,000 | $2,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,311 | $12,437 | $16,774 |
Total Monthly Payment | $11,436 | $12,562 | $16,899 |
* 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.