Did you miss out on the neighboring apartment, which went into contract in the blink of an eye last month?
This 2BR/2BTH apartment at the Lore Condominium is available for resale for the first time since the building's first closings in 2010. Facing south with doors and walls of windows, it is bright, cheerful, and filled with grace notes:
Crown moldings? Check.
High ceilings? Check.
Juliet balcony framed by glass sliders? Check.
Sub-Zero and Viking appliances in an open, u-shaped kitchen? Check.
A walk-in closet in the primary bedroom? Check.
A double vanity in the primary bathroom? Check.
Both a frameless-glass shower and separate tub in the primary bathroom? Check.
And. . . an in-unit washer and dryer -- VENTED!
The Lore is a boutique condominium in South Harlem, literally 250 steps to Central Park. The B, C, 2 and 3 subway lines are within just a few blocks
and the bus that runs down Fifth Avenue to the East Side stops just around the corner on 110th Street. The building has a part-time doorman with VERY extended hours and
a virtual doorman as well. Additional staff includes a resident manager, a rare luxury for a building of this size.
Among the building amenities are both a landscaped courtyard and roof terrace, a fitness center, and bicycle storage -- and a private storage unit that conveys with #5E!
Finally, current taxes are $3. 19 per MONTH and the existing tax exclusion on the building does not expire until 2035.
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Our Executive Mortgage Banker:
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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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,520 | $4,966 | $6,663 |
Total Monthly Payment | $4,612 | $5,058 | $6,755 |
* 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.