A WOW apartment for under $1M! This apartment has it all… two bedrooms, two baths, your own upstairs primary suite and the perfect entertainer’s backyard garden…. all just steps from Tompkins Square Park! This apartment is the best of what downtown offers. This duplex home is the perfect layout with an entire 450-square foot primary suite including renovated ensuite bathroom. Down the custom-designed floating staircase, you will find your second bedroom or formal living room, depending on your needs, as well as your second renovated bathroom. The space seamlessly flows into an open kitchen which is replete with stainless steel appliances, including Viking Stove and Samsung refrigerator. This part of the living room is perfect as it’s ideally set adjacent to the door leading to the outdoor space. So you can cook your breakfast with your backyard door open and the morning sunlight pouring through. Then head outside to enjoy your coffee beneath the trees with the birds chirping above. With custom fencing, pergola, and your own BBQ, the backyard is ready for summer! 323 East 8th Street is situated on one of the quietest and quaintest tree-lined blocks, in an incredibly well-run coop community. The apartment backs up to a massive green space on East 9th Street, so all you hear are birds and trees rustling. You will not believe you are set right in the middle of one of the hippest, most vibrant neighborhoods of New York City. Come see why true East Villagers will only live in Alphabet City! The building is pet friendly with the famous Tompkin’s Square dog park a half block away. Co-purchasing, pied-a-terres and parents buying for children are all allowed. 80% maximum financing. Shared W/D is right outside the door on the first floor of the unit. But it is allowed by board approval, if needed!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $764,000 | $764,000 | $764,000 |
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 | $4,338 | $4,766 | $6,396 |
Total Monthly Payment | $4,430 | $4,858 | $6,488 |
* 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.