Welcome to residence 1A, a beautifully renovated loft located on a tree-lined Madison Avenue block, between 131st and 132rd Streets. The apartment underwent significant improvements to enhance both its functionality and aesthetics. The apartment's layout was completely reimagined with expansion and brightness in mind. Optimizing the soaring 14. 5 ft ceilings, the apartment's bedroom and newly added office areas were stylishly elevated, adding livable floorspace that transformed the apartment into a chic loft. Additionally, the office areas seamlessly serve the modern, cosmopolitan lifestyle by offering a perfect space to work from home.
The apartment's original brick and beams were exposed throughout, unveiling undeniable pre-war character and rustic, industrial charm. The hardwood floors were stained white to complete the sleek and pristine look. The kitchen was modernized and expanded, creating an open and inviting feel. Custom white-wash cabinets and floors were installed to complement the exposed brick and stainless steel appliances. The rustic charm transmits throughout the apartment, even to the enlarged bathroom that features a 3-head shower.
Washer and Dryer in the apartment. Private community garden in the backyard.
This building is conveniently located in close proximity to a variety of restaurants, shops and modes of transportation including 2/3/4/5/6 subway trains. A laundry room is conveniently located next door to the apartment. The building also features a live-in super, and video intercom system.
This is an HDFC co-op-income restrictions apply.
The building's AMI is 165%. To see if you qualify, please use the following link: https: //www. nyc. gov/site/hpd/services-and-information/area-median-income. page
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William Raveis Real Estate
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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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,361 |
Total Monthly Payment | $1,938 | $1,936 | $2,436 |
* 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.