Apartment 222 at 215 East 24th Street is a stunning lofted 1 bedroom in an excellent building and cant beat location. Known for its charming Tudor style and vaulted loft apartments, number 222 at Penny Lane is exception with 12. 5 ceilings and expansive floor-to-ceiling windows that look out over the Juliet balcony.
Enter through the foyer where you will be flanked by two oversized closets on the way to the kitchen. Stainless steel appliances and a large peninsula make for great cooking and entertaining.
The living room gets all the light youll need thanks to the massive windows and high ceilings. Featuring new hardwood flooring it is also large enough to add a full dining set and a desk.
The lofted bedroom is large enough for a king-size bed and more.
In its previous life, Penny Lane was an ice cream factory and the lobby was designed to resemble a London street. It has a full-time doorman, roof deck, bike room and laundry on every floor.
Located at the intersection of 24th and Third in Kips Bay you are a half block away from the 23rd street 6 station. Gramercy Park and Madison Square Park are just a few minutes away as well as Union Square with the 4, 5, 6, N, Q, R, W + L trains. Shopping, entertainment, and great restaurants are all nearby and theres a Trader Joes just 7 blocks away.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,620 | $2,552 | $1,746,500 |
Total Monthly Payment | $2,712 | $2,644 | $1,746,592 |
* 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.