Apartment 5K at Gramercy's Quaker Ridge, a superbly well-run full-service cooperative is the one bedroom you've been waiting for. Facing north onto charming gardens and trees, this home is quiet and bright, and offers a very generous layout for your seamless New York City lifestyle!
Leave the bustle behind you - enter into a hallway with not one but two oversized closets. A distinctive feature of of 5K's layout is its generous and open living and dining spaces but also the perfect area for a home office. The kitchen offers generous cabinetry and is ready for your culinary vision. The bedroom accommodates a queen-sized bed and features a California Closets custom built-in with a dresser. The tiled bathroom has a soaking tub and a rain shower. Additional features include: refinished hardwood floors, oversized windows and recently replaced HVAC (heat and AC) units in both the living-room and bedroom.
Quaker Ridge is an impeccably run postwar co-op in a prime location near Gramercy Park. The building allows co-purchasing and pets. No pied-a-terre or guarantors. Residents enjoy a full-time doorman, a live-in super, a laundry room, bike storage and a parking garage with direct access to the building. Incredible proximity to grocery stores, including Eden Gourmet, located just downstairs, the Union Square Green market, numerous Michelin-star restaurants, subways and buslines. The building offers reduced bulk rate electric/gas which is billed monthly. There is also a monthly energy charge of $168. 18. Please note there is a monthly assessment of $238. 29 through 12/31/24.
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Our Executive Mortgage Banker:
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$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,589 | $4,554 |
Total Monthly Payment | $3,639 | $3,681 | $4,646 |
* 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.