Welcome to this newly renovated one-bedroom residence in the heart of Union Square. This exceptional home boasts a spacious layout with distinct living and dining areas, and a queen-sized bedroom. The modern kitchen features appliances including a dishwasher, four-range burner, and wine fridge. The bathroom is equipped with a stand-up shower, sleek fixtures, and ample storage options.
Situated in a doorman building in the highly desirable neighborhoods of East Village, Union Square, Gramercy, and Greenwich Village, this condo-op at 111 Third Ave offers a rare opportunity for unlimited subletting after one year of residency. It also allows for co-purchasing, pied-à-terre ownership, and welcomes pets.
Residents enjoy amenities such as a full-time doorman, a beautifully landscaped roof deck with breathtaking 360-degree views and a bocce court, a newly renovated courtyard with a basketball court and BBQ area, laundry facilities, and a live-in superintendent.
Located at the crossroads of East Village, Gramercy Park, and Union Square, this residence is just a block away from the Union Square subway station (serving the 4, 5, 6, L, N, Q, R, and W trains), as well as the renowned Union Square Farmer’s Market, Trader Joe’s, and Whole Foods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$735,000
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 | $588,000 | $588,000 | $588,000 |
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 | $3,912 | $3,908 | $5,042 |
Total Monthly Payment | $4,004 | $4,000 | $5,134 |
* 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.