530 Grand Street, #8A, New York (Lower East Side), NY, 10002 | $700,000

First Showing Open House Sunday Dec 8: 12-1: 30pm - BY APPOINTMENT ONLY

Discover a must-see opportunity in the heart of the Hillman Cooperative complex, perfectly situated on the southwest corner of Grand Street and Columbia Street. This two-bedroom, one-bathroom apartment is in estate condition, offering the ideal canvas for your creative vision. The unit boasts expansive, sunny views of the iconic Financial District skyline and breathtaking sunsets, filling the space with natural light and timeless charm. Whether you're looking to create your dream home or an investment masterpiece, this apartment is ready for transformation.

Imagine the possibilities as you design a stunning entertainment space by combining the spacious living room and kitchen. The windowed bathroom, with southern exposure, adds an airy, bright touch to the home. Both bedrooms are generously sized, each comfortably accommodating a king-size bed while maintaining a sense of openness and comfort. Ample storage space lines the hallway, ensuring functionality meets style in this promising property.

The amenities at the Hillman co-op include 24-hr security, laundry room in basement, gym room, gated-parks around the complex, and an indoor parking nearby. Pets are allowed, with a 35lbs weight limit for dogs.

Don't miss your chance to turn this diamond in the rough into a polished gem. Opportunities like this are rare and move quickly in this desirable location. Contact me today to schedule a viewing and take the first step toward making this exceptional apartment your own!

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 12
  • Amenities: Alarm System; Bike Room; Courtyard; Garden; Fitness Room; Laundry Room; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Cooperative Village (Hillman)
  • Year Built: 1949
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123276203
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/RPLU5123276203/530grandstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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530 Grand Street, #8A, New York (Lower East Side), NY, 10002

$700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $560,000 $560,000 $560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.352% 7.042% 6.160%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,679 $3,679 $4,688
Total Monthly Payment $3,771 $3,771 $4,780

* 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.