Located at the crossroads of Gramercy Park and Kips Bay neighborhoods, this fully renovated & large duplex move-in-ready one bedroom home resides in The Penny Lane, a historic (originally the J. M Horton Ice Cream Factory) and sought after full service cooperative bld. Features of this fantastic home include 13'ceilings in the large living/dining room w/floor to ceiling windows, hardwood flooring, Juliet balcony and recessed lighting, an open renovated kitchen with stainless appliances, dark wood cabinetry, granite countertops w/ seating, and a grey glass subway patterned backsplash, and a fully renovated marble bathroom w/custom vanity & chrome hardware. Up the straight staircase is where you'll find the lofted bedroom with 5'/5" ceilings, recessed lighting, and large enough for a king sized bed and a separate work area. BLD: 24DRMN, lobby designed to evoke a London Street, resident superintendent. Planted roof decks with gorgeous views to Empire State/Chrysler/Met Life blds, 2 laundry rooms on each floor (one is right outside this apt!), storage ($100 monthly fee), bike storage ($50 annual fee), garage, video security, pets (sorry no dogs), pied-a-terres, and co-purchasing allowed on a case-by-case basis. Great location , near the 6, R & W trains, near Stuyvesant Square and Gramercy Parks, Great food shopping (Fairway/Morton Williams/ Westside Market), many restaurants, night life, and shopping options.
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $431,200 | $431,200 | $431,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.282% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,869 | $2,905 | $3,697 |
Total Monthly Payment | $2,961 | $2,997 | $3,789 |
* 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.