Introducing the perfect pied-Ã -terre or apartment for theatre lovers and investors. Located in the heart of New York City at the stylish 1600 Broadway on the Square Condo. This superb high floor one bedroom and windowed home office boasts 10 foot 4 inch floor-to-ceiling windows, hardwood floors, and a balcony with a ball drop view of Times Square. This Condo has an unusual owner friendly sublet policy allowing for 30 day or more rentals.
The spacious living area allows for comfortable lounging and dining. Brand new HVAC units keep the apartment cool in the summer and toasty in the winter. The open high-end kitchen features granite countertops, top-of-the-line Sub Zero, Bosch, Miele appliances, and ample cabinet space for all your cooking needs. The king-size bedroom is your own private sanctuary, complete with a balcony where you can enjoy the fresh air and city views. The luxurious bathroom features a deep soak tub, dual shower heads, an extra-large sink, double medicine cabinets, and beautiful limestone flooring. A windowed home office or guest bedroom offers life style versatility. There is a washer/dryer in the apartment. For primary home residents, the taxes are less. Pets are welcome!
1600 Broadway on the Square is a modern, all glass, full service building with a 24 hour doorman, 137 units and 25 floors. An entire floor of amenities includes a fitness center, recreation room with billiards, putting green and virtual golf, conference center, and a gorgeous roof deck with spectacular views. A plethora of Broadway theatres, restaurants, shopping and transportation are right outside your door. 1600 Broadway is a stone's throw from Rockefeller Center, Bryant Park, MOMA, Carnegie Hall and Central Park.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
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 | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,429 | $4,866 | $6,530 |
Total Monthly Payment | $4,521 | $4,958 | $6,622 |
* 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.