Welcome to Unit 5B at 56 Pine Street, a charming pre-war condo situated in the heart of the Financial District. This one-bedroom, one-bathroom residence offers a unique blend of classic character and modern comfort.
As you step inside, youll notice the 10 Ft high ceilings and oversized windows that allow for a steady flow of natural light, creating a warm and inviting atmosphere. The semi-closed kitchen features well-maintained appliances, granite countertops, and ample cabinet space, making it functional for everyday cooking.
The living and dining area is thoughtfully laid out to accommodate both relaxation and entertaining. The bedroom provides a peaceful retreat with generous closet space, while the bathroom offers a clean, contemporary design with a soaking tub.
56 Pine Street offers residents the convenience of a 24-hour doorman, concierge services, fitness center, residents lounge, billiards room, media room, and convenient laundry facilities on every floor.
Located just steps away from Wall Street, the South Street Seaport, and multiple subway lines, this home provides easy access to everything the city has to offer.
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*Monthly Assessment of $211. 71 currently in place, ending in December 2024
*Some images are virtually staged
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.429% | 6.149% | 5.152% |
Monthly Tax Payment | $1,108 | $1,108 | $1,108 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,614 | $2,611 | $3,420 |
Total Monthly Payment | $3,814 | $3,811 | $4,620 |
* 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.