Located in the heart of Flatiron, 40 East 20th Street is a pre-war boutique condominium with only five apartments and features a beautiful common roof deck. Apartment 4, a full-floor loft, spans approximately 1, 856 square feet with northern and southern exposures and private elevator access. This luxurious two-bedroom, two-and-a-half-bathroom plus a separate home office benefits from an abundance of natural light and is marked by original, pressed tin ceilings and exposed brick. Open to the living and dining rooms, the recently renovated kitchen provides ample storage with gorgeous finishes, high-end appliances, and modern upgrades. Tucked away off the kitchen is an additional room currently used as a den/playroom. The primary suite offers a tremendous cedar walk-in closet and a beautifully appointed en-suite bathroom with an oversized steam shower and generous storage space. The second bedroom is equally grand in scale and outfitted with a spacious closet. Additional features of this loft space include an in-unit vented washer/dryer, central heating and cooling, a second full bathroom, and a powder room. Residents enjoy a beautiful common roof deck with a grill and lounge area. Conveniently situated a few blocks away from Madison Square Park and surrounded by a vast variety of restaurants including Gramercy Tavern, Sugarfish, RezdĂ´ra and so much more, 40 East 20th Street is at the nexus of Union Square, Flatiron, Chelsea, and Greenwich Village.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,375,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,700,000 | $2,700,000 | $2,700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,972 | $17,066 | $23,150 |
Total Monthly Payment | $16,097 | $17,191 | $23,275 |
* 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.