This turnkey one-bedroom, one-bathroom co-op delivers impressive living space, great storage and a fantastic location in the heart of Kips Bay. A spacious foyer invites you into this bright and airy home paved with beautiful hardwood floors. The oversized living room provides a generous footprint for seating, dining and home office areas alongside large windows and treetop views. Cooks will love the windowed kitchen’s full-size appliances and abundant cabinet and counter space. The extra-large bedroom easily accommodates a king-size bed and additional furnishings, while closets here and in the hall ensure storage will never be a concern. A full bathroom with a tub/shower and roomy vanity completes this perfect Kips Bay beauty. 240 East 24th Street is a well-maintained boutique cooperative offering live-in superintendent service, intercom entry, storage and a shared courtyard with a barbecue. Pets, pieds-à-terre, subletting, parents buying for children and guarantors are permitted. This Kips Bay home enjoys wonderful proximity to Gramercy, NoMad, the Flatiron District, Chelsea and Midtown, with easy access to eastside medical institutions, SVA, Baruch College and the U. N. The Kips Bay AMC theater, Trader Joe’s and Fairway Market are nearby, and the outstanding outdoor space of Madison Square, Union Square and Stuyvesant Square parks is just minutes away. Transportation is excellent with 6, N/R/W and L trains, excellent bus service and CitiBikes within easy reach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$486,750
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $389,400 | $389,400 | $389,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,689 | $2,623 | $3,312 |
Total Monthly Payment | $2,764 | $2,698 | $3,387 |
* 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.