Located in the heart of Cooper Square, this mixed-use property offers a unique opportunity for live/work with over 1, 425 square feet comprised of a one-and-a-half bedroom floor-through with a private attached deck and landscaped backyard, and a lower level which is currently detached and can be used as a recreational room or for commercial use. Alternatively, a buyer can maintain the current tenants and collect monthly rent of $8, 700. The upper level is currently configured as a one bedroom with a home office and formal dining room, a new deck, and a private backyard that is exclusive to this home. The residence is complete with a windowed kitchen with full-sized appliances, including a dishwasher. Beautiful arched doorways, wood beams, and built-ins add character throughout. A washer/dryer may be installed with board approval. The unique architectural layout includes two residential entrances, allowing for this space to be configured in numerous ways. Currently utilized as a health spa, the lower level has a private street entrance as well as a separate building entrance and a private half bath. The two levels can be potentially connected internally to create one duplex with a private backyard for home and/or business use. This condominium's building amenities include a full-time super as well as a resident’s laundry room. The location offers easy access to the East Village, Union Square, Greenwich Village, and the Lower East Side and there is great proximity to NYU, Cooper Union, Washington Square Park, and Union Square Park. Enjoy a wealth of shopping and entertainment at The Strand, the Angelika Theater, Union Square, Wegmans, and Whole Foods. Transportation options include the R/W, B/D/F/M, and 6 subway lines, multiple bus lines, and Citi Bike.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,556 | $9,261 | $12,303 |
Total Monthly Payment | $8,681 | $9,386 | $12,428 |
* 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.