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Nestled on a quiet residential street, this bright, peaceful, north-facing, beautifully renovated 1-bedroom apartment is sure to impress. Located at 343 East 74th Street, residence 5F is a large 1-bedroom with a private terrace to relax on and a new washer/dryer in the apartment. It features a modern open kitchen with a quartz countertop, marble backsplash, sleek stainless-steel appliances, and excellent cabinet and counter space. There is also very generous closet space, including a massive one in the bedroom. The bathroom was also recently renovated with Carrera marble.
This condop building, The Forum, has condo-like by-laws and unlimited subletting. There is no board interview, and it is investor-friendly. 343 E 74th is close to many fine dining restaurants, such as Beach Cafe, Mission Ceviche, Up Thai, Patsy's, Ravagh Persian Grill, Boqueria, and Sushi of Gari, along with the new Trader Joe's on 1st Avenue! There are many parks nearby, including John Jay, St. Catherine's, Carl Schurz, and it is also within walking distance of Central Park. There are great gyms, including Equinox and New York Sports Club, just a few blocks away.
Amenities include a roof deck and 24-hour fitness center at no extra charge, and a garage. The beautifully maintained building is conveniently located near the new Second Avenue Q Subway Line, providing easy access to Midtown on the East Side, West Side, and beyond.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $3,685 | $3,681 | $4,722 |
* 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.