This mixed-use property offers over 1, 425 square feet with a floor-through home with a private deck and yard, and a detached lower level for recreational or commercial use. Alternatively, a buyer may collect the current monthly rent of $8, 700. The upper level is currently configured as a 1-bedroom with a home office, formal dining room, and a deck and yard. The windowed kitchen includes a dishwasher. A washer/dryer may be installed with board approval. Two residential entrances allow flexible configutration. The lower level has 2 entrances and a private half bath. Both levels can be potentially connected to create a duplex for home/business use. Amenities include a full-time super and a laundry room. Proximity to NYU, Cooper Union, Washington Square Park, and Union Square Park. Enjoy shopping and entertainment at The Strand, Angelika Theater, Union Square, Wegmans, and Whole Foods. Transportation include the R/W, B/D/F/M, and 6 subways, multiple bus lines, and Citi Bike.
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$1,808,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,446,400 | $1,446,400 | $1,446,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $74 | $74 | $74 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,556 | $9,261 | $12,303 |
Total Monthly Payment | $8,755 | $9,460 | $12,502 |
* 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.