Design perfection at The Edison, Gramercy’s finest full-service luxury condominium. Residence 3F, the largest one bedroom layout at the Edison, is a brand new, sprawling one bedroom, one bathroom home with interiors exquisitely designed by Paris Forino. The open plan and extra wide south facing living room features a wall of oversized windows overlooking the landscaped yoga garden and a spectacular custom kitchen equipped with beautiful Tundra marble countertops, fully integrated Miele appliances, bespoke millwork, Waterworks fixtures and fluted glass cabinetry. The stunning spa-like bathroom is awash in Crystallo Pearl marble walls and floors and features a customized vanity with chic leather pulls, custom medicine cabinets with saddle leather trim and luxurious Waterworks fixtures. Additional features in include White Oak Herringbone wood floors, high ceilings, abundant closet space and a full-sized Miele front-loading washer & dryer. The Edison offers its residents 24-hour doorman, bicycle storage, and a host of social and wellness amenities including a landscaped yoga garden, a fitness center with LifeFitness cardio and conditioning equipment, an indoor Resident’s lounge, and two gorgeous planted Rooftop parks offering iconic New York city views, lounge chairs and an outdoor grill station.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,500
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 | $5,200 | $5,200 | $5,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $35 | $33 | $43 |
Total Monthly Payment | $110 | $108 | $118 |
* 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.