Desirable and rarely available alcove studio at The Dorchester. Priced to sell, Apartment 1125 is on the market for the first time in several decades, . Offering 600+ square feet and a desirably laid out L-Shaped studio, the apartment has been designed with the sleeping alcove in the front of the apartment thereby creating full size dining and living areas. The apartment has been customized with spacious built-in storage, terra cotta floors, and an updated kitchen and bathroom. Galley style kitchen is wide for comfortable use by those that enjoy preparing and cooking. Two useful closets are in the hallway area leading to the bathroom. Bright, morning sunlight flows in via the apartment’s eastern exposure, which also brings an alluring view over Broadway.
Lincoln Square’s ‘Dorchester Tower’ is a conveniently located and amenitized condominium building. Its residents benefit from close proximity to the Upper West Side’s most attractive offerings and beyond with a few minute walk to Columbus Circle’s various subway lines. The building’s retail holds a Morton Williams grocery store on Broadway between 68th and 69th Street. The Dorchester’s amenity package includes full time doorman and concierge, garage parking, roof deck, fitness level located on the first floor and residents lounge. Laundry machines are located on every floor. Circular driveway and attentive staff add to the long list of benefits enjoyed by residents of The Dorchester Condominium.
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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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,398 | $3,349 | $4,386 |
Total Monthly Payment | $3,490 | $3,441 | $4,478 |
* 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.