Quintessential Downtown Manhattan Battery Park City spacious over 600 sqft Alcove studio in a full service elevator building. Flooded with natural sunlight, this corner unit has both South and East exposures with a row of windows throughout.
This oversized alcove studio has enough room for a king sized bed, home office, living area, and dining table and an abundance of closet space. Beautiful wide plank hardwood floors a central heating cooling hvac unit,
The kitchen features custom cabinet millwork, high end stainless steel appliances, Liebherr refrigerator, Miele dishwasher, chefs stove and Caesarstone quartz countertop. The windowed bathroom has marble tiling throughout with a spa like rainfall shower head.
225 Rector Place is a full-service luxury condominium, with concierge and doorman offering residents a full complement of amenities including; laundry in the building, a two-story state of the art fitness center complete with yoga studio, a sky lit swimming pool with adjoining steam room, a fully furnished rooftop featuring a barbecue grill and beautiful views of the Hudson River, New York Harbor, the Statue of Liberty and the downtown skyline, a stylish residents' lounge, children's playroom and available parking. They even offer in house dry-cleaning and laundry services. Located on a quiet cul-de-sac adjacent to Rector Park and just steps from both the riverfront esplanade and the bustling luxury retail and dining of brand new Oculus, Saks 5th Avenue, and Brookfield Place. Rector Square is also conveniently situated near several subway stops (R, 1, 4/5/6).
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $3,951 | $3,947 | $5,065 |
* 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.