Nestled on the 12th floor of the vibrant East River Housing Cooperative, this south and east-facing 1-bedroom apartment, is a sanctuary of light and comfort, offering captivating river and city views, including the iconic Freedom Tower. As you step into this move-in-ready retreat, you are welcomed by a spacious entryway that doubles as an office space, leading through French doors into a sun-drenched living room. The generous balcony accessible from the living room invites you to unwind with breathtaking vistas of the Manhattan and Brooklyn bridges and the serene East River.
The apartment features a large eat-in kitchen with plenty of cabinet space, ideal for those who enjoy home cooking. The king-sized bedroom, with its dual exposures and recessed lighting, accommodates a king-sized bed and additional furniture, while providing awe-inspiring views and ample natural light.
Starting in January 2025, a monthly assessment of $144 will be applied for 39 months.
570 Grand St is ideally located at the junction of Grand and Lewis Streets on the Lower East Side, part of a meticulously maintained building within a complex featuring lush green courtyards and a private gated park/playground. The cooperative offers top-notch amenities such as a fully equipped fitness center, 24-hour security and lobby attendance, childrens playroom, and community rooms.
Living here means youre just a block away from the rejuvenated East River Park, which includes tennis courts, running tracks, and an amphitheater. The neighborhood is abundant with local favorites like Doughnut Plant and Kossars, plus modern conveniences such as Trader Joes and Target. Commuting is made easy with nearby access to the FDR and multiple bus and subway lines, including the M14A/D, M21, M22, and F, J, M, Z trains, as well as Citibike stations.
Experience a blend of relaxation and urban convenience in this exceptional Lower East Side gem that invites you to enjoy every sunrise over the river and every sparkling night over the skyline.
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William Raveis Real Estate
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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 | $500,000 | $500,000 | $500,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,453 | $3,369 | $4,253 |
Total Monthly Payment | $3,545 | $3,461 | $4,345 |
* 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.