Step into this extraordinary 6-story, 12- residential unit plus one commercial unit building nestled in the vibrant East Village. Built in 1900, this architectural gem stands as a testament to timeless elegance and urban charm. With 12 meticulously crafted residential units and an additional commercial space being used as a restaurant serving Asian Cuisine, this property presents a myriad of investment possibilities. Each unit has its own character and charm. Situated in one of NYC's most coveted neighborhoods, this building offers unparalleled access to various attractions, culinary delights, and transportation. From quaint cafes to trendy boutiques, the East Village encapsulates the essence of New York City. If an investor seeking a lucrative opportunity to own a piece of Manhattan's history, this 6-story marvel is sure to captivate your imagination. Don't miss out on this rare opportunity! Reach out today and unlock the door to endless possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,500,000
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 | $8,400,000 | $8,400,000 | $8,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $9,200 | $9,200 | $9,200 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $47,694 | $51,720 | $69,754 |
Total Monthly Payment | $57,019 | $61,045 | $79,079 |
* 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.