Sponsor Unit Unit 8 at the Park Manhattan Condominium is a beautifully renovated, 2-bedroom, 2-bathroom home with wonderful natural light and treetop views. The windowed kitchen boasts quartz countertops, custom cabinetry and all-new stainless steel appliances. The open plan is perfect for entertaining and theres plenty of prep-space and pantry storage for the at-home chef. The living/dining areas face east across Manhattan Avenue and are gorgeously sunny and bright. The primary bedroom can easily accommodate a queen bed and the second bedroom could serve as a perfect home office. Both windowed bathrooms have been stunningly gut renovated - one with a sleek shower stall, one with a bathtub, and both feature porcelain tile and modern fixtures. An in-unit washer/dryer, great ceiling heights and new, hardwood floors throughout complete this lovely home. The Park Manhattan Condominium is a five story walk-up building (Unit 8 is just 1 flight up on the second floor) and is ideally situated just one block from Morningside Park in South Harlem. Theres additional storage for rent, bike storage available, a friendly and very helpful superintendent, plus a ButterflyMX intercom system that allows you to see and speak to guests and provide access from the ease of your smartphone or device. This great building is close to the B and C trains and a short walk from the 1 line, so getting downtown is a breeze. It's surrounded by fantastic restaurants and is just a few blocks from Central Park! There is a $30. 75 per month fuel surcharge SPONSOR SALE. NO BOARD APPROVAL. OFFERING BY PROSPECTUS ONLY FILE #CD100178 ***
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
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 | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,481 |
Total Monthly Payment | $4,345 | $4,340 | $5,573 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.