200 E 16 2A
This new exclusive from Classic Marketing is now available with no board approval! Residence 2A at 200 East 16th street is a one bedroom that welcomes you with a gracious entry foyer leading to the corner living room with sunny views east and north. There is a windowed kitchen and a well-located bathroom with access from the foyer for guests and from the bedroom for en-suite convenience. The living room and bedroom are large and you will find ample storage throughout. 2A is being offered in as is condition, the perfect blank canvas for you to create an elegant prewar home to call your own.
Built in 1930, 200 East 16th Street is a full-service prewar coop located in the heart of Gramercy on a tree lined street adjacent to Rutherford Place situated in a historic and protected district including Friends Seminary and St George Episcopal Church. This elegant coop has all the amenities to make a desirable home including full time doorman, fitness center with Peloton Bike, community room, storage, laundry room and bike storage. The neighborhood offers superb dining, retail, entertainment and easy access to transportation (2 blocks from the L, 4, 5, 6, N, Q, R trains), Trader Joe's and Whole Foods. A few steps to Stuyvesant Park provides a convenient lovely oasis for fresh air and relaxation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$845,000
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 | $676,000 | $676,000 | $676,000 |
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 | $3,838 | $4,217 | $5,659 |
Total Monthly Payment | $3,930 | $4,309 | $5,751 |
* 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.