Welcome to residence 1102 at the Cocoa Exchange. This incredible studio offers fantastic views of the East River and Brooklyn!
The home has been recently updated with notable upgrades including beautiful Lapacho wood flooring, recessed lighting throughout w/Lutron dimmers, California Closets, and a new Simon Aire Digital Control HVAC unit.
New features of the spacioius kitchen include Calcutta gold marble countertops, a Kohler sink and faucet, Fisher Peykel refrigerator with filtered water & ice dispenser, a Bosch 24-inch dishwasher, GE convection five burner gas stove, and a GE Stainless steel over the range microwave. A modern and elegant light fixture adorns the ceiling.
The marble bathroom is detailed with new Carrera marble hexagon mosaic floors and the owner thoughfully carved out an additional linen closet. This studio truly has it all!
Residents are welcomed home by a grand lobby with impressive double height ceilings and a full-time doorman. There is an incredible rooftop with indoor/outdoor seating, complimentary Wifi, indoor lounge, and a wet bar, making this perfect for hosting or a city escape for relaxation amongst the hustle and bustle of New York City. A laundry room is available any time day or night adjacent to the rooftop lounge.
The Cocoa Exchange is located in the heart of Financial District with a striking resemblance of the iconic Flatiron Building. This building was constructed in 1904 in new Renaissance style by Century Realty Company and designed by Clinton & Russel. This building was home to the Munson Steamship Line from 1904-1921 and the New York Cocoa Exchange from 1931 to 1972.
Don't miss your chance to own this beautiful residence in one of the most desirable buildings in the Financial District!
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Our Executive Mortgage Banker:
Our Insurance Division:
$635,000
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 | $508,000 | $508,000 | $508,000 |
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 | $3,380 | $3,376 | $4,356 |
Total Monthly Payment | $3,472 | $3,468 | $4,448 |
* 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.