Opportunity for Duplex, Triplex with other apartments for sale in the sale building. Could come to a total of 2200 square feet with outside courtyard and terrace. Welcome to an exceptional investment opportunity in the heart of Hell's Kitchen. This rare condo shell, located in a boutique building with only six exclusive units, offers unparalleled potential for customization. THIS APARTMENT COMES WITH THE USE OF A FULL TERRACE. It's possible to get a mortgage on this property. Please call for more details. **Property Highlights: ** - **Type: ** Condominium Shell - **Status: ** Partial work completed by the contractor - **Included: ** Detailed architectural plans included in the sale **Features: ** - **Customization: ** Design your dream space from scratch, utilizing the included architectural plans or bringing your own vision to life. - **Flexibility: ** Ideal for both personal use and rental purposes, offering a high degree of flexibility for future occupants. - **Building: ** Intimate, boutique building with only six units ensures privacy and a sense of community. - **Location: ** Situated in the vibrant Hell's Kitchen neighborhood, known for its eclectic dining scene, trendy bars, and cultural hotspots. **Additional Amenities: ** - **Nearby Transportation: ** Convenient access to multiple subway lines and bus routes, making commuting a breeze. - **Local Attractions: ** Close proximity to Broadway theaters, Hudson River Park, and countless dining and entertainment options. Don't miss this unique chance to own a piece of Hell's Kitchen and create a one-of-a-kind living space. Whether you're an investor looking for a high-potential property or an individual ready to craft your perfect home, this condo shell offers limitless possibilities. ### Seize this opportunity to transform a blank canvas into your masterpiece!
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William Raveis Real Estate
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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 | $612,000 | $612,000 | $612,000 |
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 | $1,205 | $1,205 | $1,205 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,072 | $4,068 | $5,247 |
Total Monthly Payment | $5,369 | $5,365 | $6,544 |
* 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.