Discover the joy of loft living in this voluminous ground floor unit located in the prime neighborhood of Hell's Kitchen. Rarely available, this chic loft apartment has a spacious floor-plan that allows for a comfortable and peaceful refuge from the city. The magnificent unit has soaring 13' ceilings, original columns, built-in storage, w/d combo, a sizable sleeping loft and an interior room with a large walk-in closet that is currently being used as a bedroom. The appointed kitchen has abundant storage with a wall of built-in shelves, three enormous storage areas, dishwasher and a pass through window to the dining area. The elegant dining area encompasses a stately floor to ceiling built in bookshelf and flows seamlessly into the sunny giant living room which has two spacious areas including a nook under the large south facing window. Apartment 1A has plenty of room to entertain or to rest and reset. It is undoubtedly a great live/work space also due to the open floorplan. 415 West 55th Street is a converted automobile factory housing twenty-two unique co-op apartments on six floors. The pet friendly elevator building has a bike room, laundry room and the added bonus of a storage cage in the basement for a small fee. The building is nestled in the heart of it all with the prestigious Alvin Ailey Dance Theater on the corner while Whole Foods, the Theater district, Columbus Circle and the great green space of Central Park are only blocks away. Planet Fitness is a few doors down and there are an abundance of restaurants and bars in the immediate area. Subway lines close by include the A, B, C, D and the crosstown buses on 57th street. The building allows 80% financing and Pied a Terre - upon board review and approval. Apartment staging by Jeremiah Cothren.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,600 | $719,600 | $719,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,030 | $4,431 | $5,976 |
Total Monthly Payment | $4,122 | $4,523 | $6,068 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.