170 Norfolk Street, #5, New York (Lower East Side), NY, 10002 | $625,000

Nestled on a tree-lined street in the heart of the Lower East Side, this sun-soaked, loft-like residence is a light-lover’s dream. Boasting wall-to-wall oversized windows, an open floor plan, and the quintessential New York, exposed brick wall, this downtown treasure is brimming with both charm and modern flair. Previously a two-bedroom, the flexible layout is now a blank canvas, awaiting the curation of your ideal furniture setup. Enter the oversized kitchen to discover a culinary masterpiece, renovated with sleek stainless steel appliances including a dishwasher. The hardwood floors throughout add that perfect touch of cozy warmth. And the perks of the building include laundry facilities, a tranquil green courtyard perfect for morning coffees and bbqing, bike storage for your urban adventures, and the peace of mind that comes with video intercom and double door gated security. A $104/month assessment is in effect until 2026, and the building permits up to 80% financing with a 1% flip tax. Pets are happily accepted! Just two easy flights up and only two blocks from the subway—your commute is almost too easy. Equinox, Katz’s Deli, and Beauty and Essex are but a few of the closeby conveniences not to be missed. This is the downtown home that NYC dreams are made of—don’t let it slip away. *Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 5
  • Amenities: Bike Room; Courtyard; Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: InBasement,OnCommonFloor
  • Year Built: 1900
  • Pet Policy: Pets Allowed
  • Private Courtyard : Yes
  • Building Access : Walk-up
  • Service Level: Video Intercom
  • OLR#: PRCH35182742
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /prop/PRCH35182742/170norfolkstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sotheby's International Realty, Inc.

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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170 Norfolk Street, #5, New York (Lower East Side), NY, 10002

$625,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,038 $3,038 $3,951
Total Monthly Payment $3,130 $3,130 $4,043

* 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.