Your opportunity to own a rarely available, 2 bedroom, 1 bath home in a coveted pre-war coop has finally arrived. As you step inside this beautiful home you are immediately welcomed by a spacious, open-concept kitchen, living and dining area. Combining both timeless charm with modern updates, this thoughtfully designed layout creates a seamless flow, perfect for both relaxing and entertaining. The renovated, windowed kitchen boasting new appliances, custom cabinetry and expanded pantry storage is the perfect blend of style and functionality. Both the primary and second bedroom are large enough to accommodate king-sized beds, side tables, and even a desk for work-at-home needs. Completing this stunning home are the gorgeously renovated windowed bathroom, hardwood floors, high ceilings, built-in bookcases/storage and re-built custom closets. This exceptional residence exudes warmth and comfort making it an ideal sanctuary in a coveted, vibrant neighborhood. *Monthly assessment for local law 11 (until March, 2027) has been pre-paid by seller! 130 West 16th is an inviting, well-maintained boutique coop with beautiful wrought iron and mosaic details. Amenities include elevator, live-in super, bike room, laundry room and planted roof deck. Pets allowed, as well as gifting and co-purchasing. Sorry - no pied a terres. The location can't be beat! Close to Union Square, Chelsea Market, Lower 5th, Madison Square Park, Whole Foods, Trader Joe's, Eataly and some of Manhattan's finest and best restaurants.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,249 | $6,781 | $9,193 |
Total Monthly Payment | $6,374 | $6,906 | $9,318 |
* 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.