New York (Hells Kitchen), NY, 10036 | $575,000

This sunny and efficient studio with private patio at The 505 is outfitted with a sleek kitchen which includes marble countertops, a gas cook top, LG refrigerator and in-unit washer/dryer, as well as a Bosch 2-in-1 microwave/oven and dishwasher. Bathroom finishes include marble wall tiles, marble sink top, Kohler fixtures and a rain showerhead. Building amenities include a greenhouse fitness center, live-in resident manager, two rooftop gardens, a Zen courtyard, bicycle room and a 24-hour doorman and concierge. Please note this condo requires board approval.

There is an assessment until December 2024. It is $518. 00 per month.

Also, there is a tenant in the unit currently so any and all investors are welcome. Tenant will leave as soon as unit is sold
unless the investor wants to keep him.

This is a very private apartment with easy access unit in the building.




Features

  • Town: New York
  • Cooling: Other
  • Levels: 7
  • Rooms: 1
  • Baths: 1 full
  • Laundry: Building Other,In Unit
  • Complex: The 505
  • Year Built: 2008
  • Common Charge: $609 Monthly
  • Approx Sq. Feet: 384
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-63223058384
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /prop/RPLU-63223058384/505w47thstreet_newyork_ny?source=qrflyer
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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 Brown Harris Stevens Residential Sales LLC   Phone: (212) 906-9234

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Hells Kitchen), NY, 10036

$575,000

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 $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,099 $3,057 $3,879
Total Monthly Payment $3,191 $3,149 $3,971

* 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.