Welcome to The Cambridge - a full-service co-op building located in the highly sought after West Village neighborhood. This 1, 250 sqft apartment features sunny exposures from its south, west, and north views. The apartment has 14 windows, tree-top street views as well as views of Albert Ledner's iconic 1964 National Maritime Union headquarters, nicknamed "The American Palazzo". The apartment has two generously sized bedrooms (both can accommodate a king bed), two bathrooms, and a large, windowed dining area that can easily be transformed into a third bedroom. The open, windowed kitchen has plenty of storage space and for those working remotely or in need of a dedicated workspace, there is a separate home office off the living room that can be closed when the work is done.
The Cambridge offers a range of amenities, including a beautifully landscaped common roof deck, and a laundry room. Bile room and extra storage for a nominal fee.
Recent upgrades to the building include a recently renovated lobby and hallways.
Co-purchasing is permitted at The Cambridge as is gifting but pied-a-terres and parental purchases for children are not. Pet owners are welcome!
Minimum 20% down payment. NO FLIP TAX
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,095,000
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 | $1,676,000 | $1,676,000 | $1,676,000 |
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 | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,385 | $10,319 | $13,918 |
Total Monthly Payment | $9,510 | $10,444 | $14,043 |
* 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.