Spacious and beautifully renovated Apt 4K, is a lovely and peaceful place to call home. At approximately 750 square feet, with a great layout and tons of storage space, you will truly enjoy the many wonderful features of this sophisticated one-bedroom residence. From the tremendous living room with a designated dining area, hardwood floors throughout, and wonderful, separate Chef's kitchen, to the truly king-sized bedroom and renovated bath. Additionally, there is ample closet space, including a huge walk-in closet, a linen closet, a deep utility closet, and a wall-to-wall custom closet in the bedroom. Two entire walls of windows face north, offering all-day light with views of trees & ivy, townhomes, and open sky, in a tranquil environment that includes the sounds of chirping birds. The home has individual HVAC units for economical and maximum year-round comfort, as well as a discounted cable package.
Spruce Ridge House is a pristine 24hr doorman co-op, with a great staff including a resident manager, a gorgeous lobby, high-speed elevators, a large and modern card-operated laundry room, a planted roof deck boasting jaw-dropping views of many iconic landmarks including The Empire State Building & river views, a bike room, and storage (waitlist). Situated in lively and super convenient Kips Bay, just two blocks north of Gramercy, on a tree-lined residential block, close to everything from Fairway, Trader Joe's, and the new Whole Foods, as well as a myriad of restaurants, pubs, wonderful Madison Square Park, and excellent transportation options, you cannot beat this location. Pet Friendly! Subletting permitted after two years for up to 3 out of every 5 years upon Board Approval. Sorry, no pied-a-terre. A marvelous place to call home. Don't Miss!
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William Raveis Real Estate
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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 | $503,200 | $503,200 | $503,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,433 | $3,344 | $4,315 |
Total Monthly Payment | $3,525 | $3,436 | $4,407 |
* 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.