Now Leasing. In-Person and Virtual Tours Available. LARGE ALCOVE STUDIO WITH NEWLY RENOVATED APPLIANCESNow offering 1 months free on a 13 month lease. Net rent advertisedNo Security Deposit for Qualified ApplicantsThe Guarantors Accepted; We will reimburse part of The Guarantor's fee for qualified applicantsHerald Towers is a million square foot residential gem in the heart of New York City's Herald Square. Soaring 25 stories high, the building houses 690 luxury rental homes. Residences feature luxurious new kitchens and bathrooms and include over-sized closets. Ideally located, Herald Towers is nestled where nearly all of New York's major subway lines converge and is only a couple of blocks away from the PATH Train, Penn Station, Port Authority and Grand Central. Brand New Amenities: - 24-Hour Doorman & Concierge- 25th Floor Sky Bridge Residents Lounge & Solarium- Billiards Room- Café Bar- Library & Co-working space- Rooftop Terrace with Lounge Seating and Iconic Manhattan Skyline Views- Brand New State of the Art Fitness Center with Peloton Bikes- Complimentary Fitness Classes- Laundry Room & Service- In-House Dry Cleaning and Tailoring- Wifi Throughout Common AreasPlease call the leasing department for further details. Walk-ins welcomed; no appointment needed!Leasing Department Hours: Monday – Friday 10: 00am to 6: 00pm, Saturday 10: 00am to 5: 00pm, Sunday 11am - 4pm*Restrictions may apply. Inquire for more details*Last tour 30 minutes before closing
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,369
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 | $2,695 | $2,695 | $2,695 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $18 | $23 |
Total Monthly Payment | $94 | $93 | $98 |
* 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.