LIGHT, SPACE & BEST VALUE IN ALL LINCOLN TOWERS!
This south-facing JUMBO alcove studio, already converted into a lovely one-bedroom home, is bathed in sunlight through a wall of six (6) south facing windows. Enjoy tree-lined views and ample space for a large sofa, side chairs, dining table, and desk, distinguishing it from typical studios. The bedroom accommodates a queen-sized bed, dresser and is adjacent to a convenient dressing area. The original Lincoln Towers vintage bathroom and kitchen are in very good condition and add a charming touch. The entire apartment was just freshly painted and is the cherry on top of this fantastic value. The full-service building features a 24/7 doorman, live-in super, and staff for a comfortable living experience.
The Lincoln Towers community has a private 5-acre park with beautifully manicured gardens, playground and basketball courts. Easy access to Lincoln Center, as well as Riverside and Central Parks. Close proximity to Broadway for the 1, 2, 3 subway, theatre, movies, shopping, dining, and more. All utilities are included in your maintenance. Monthly maintenance is $1, 240. 94 plus there is an ongoing capital contribution of $57 for a total monthly charge of $1, 297. 94. This is a pet friendly building which allows pied-a -terres, gifting, co-purchasing, and guarantors, with approval of the Board. Call for an appointment to view this very well-priced one bedroom.
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,729 | $2,659 | $3,430 |
Total Monthly Payment | $2,821 | $2,751 | $3,522 |
* 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.