EXCEPTIONAL VALUE. PRIME LOCATION. BRING YOUR DESIGNER. Uncover the potential of this magnificent one-bedroom, situated in the heart of Greenwich Village within the esteemed Art Deco landmark, One Fifth Avenue. Residing on the distinguished Lower Fifth Avenue, this exquisite co-op offers an elevated standard of living in a prime Greenwich Village location. Residence 5K features many of it original features, grand proportions and tall 9ft ceilings. As you enter the residence you are welcomed by a formal foyer / gallery. The living & dining room makes for an excellent space to entertain and offers a large 15 x 17 living room. The generous layout and abundant light from Eastern exposures provide a solid foundation for your vision. Throughout this residence, you will find ample built-in storage and well-maintained parquet floors. The primary suite offers tremendous space for either king- or queen-sized furniture, with ample space for additional furniture. The ensuite bathroom underwent a full gut renovation in 2021 and features a large glass enclosed rain shower, plush white subway tiling and Geberit fixtures. Circa 1927, 1 Fifth Ave stands as one of New York City’s premiere, full-service cooperatives! This 198-unit building has a full-time doorman, live-in super, community room with kitchen, bike room, and laundry room. Pied-a-terre are allowed, 65% financing permitted and pets are welcome. Enjoy the luxury of having Washington Square Park just steps away, alongside a venerable array of exceptional dining, shopping establishments, and iconic venues. Within walking distance of Flatiron, Chelsea, the West Village & SoHo. Sublimely located near all major subway and bus lines. Don’t miss this opportunity to live out your vision in this distinguished Manhattan residence and enjoy the best that the city has to offer! **NOTE: there is currently an ongoing operating assessment through 2024 for $100. 01 per month.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $4,018 | $5,595 |
Total Monthly Payment | $3,738 | $4,110 | $5,687 |
* 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.