Open Views to the East River!!
This Bright Jumbo studio apartment is located in the former Cotton Exchange bldg on historic Hanover Square with Queen Elizabeth Park at your doorstep and the iconic HARRY'S of Hanover a quick hop to the right!
Freshly painted and partially renovated. The seller has added brand new floors, light fixtures, HVAC and closet doors. The apartment has the feel of a loft, with high ceilings that can be raised an additional foot to 10. 5-11 ft. and includes plenty of closets with a separate dressing area.
3 Hanover Square is a full-service Coop with solid Pre-war construction. The bldg has a full-time concierge, Live-in Super, laundry room on every third floor, and shared common storage space for every unit. Great FiDi location, adjacent to the Stone Street restaurant row, and ALL major subway lines. The building is also not far from the Oculus, Westfield Mall and Brookfield Place, which features Eataly, Le District, and many other high-end shopping venues. Also, 3 Hanover is Pet friendly, so bring your fur babies! For Sale or Sublet
Some photos have been virtually staged.
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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 | $2,400 | $2,400 | $2,400 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $20 |
Total Monthly Payment | $91 | $91 | $95 |
* 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.