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Don’t miss this opportunity for a move-in ready spacious Junior 1 Bedroom (can easily be converted to a 1 Bedroom) at The Schwab House Co-op! Overlooking a tranquil, zen-like landscaped garden, this spacious home features oversized windows with electric shades and Eastern exposure that enhance the openness of the living room and sleeping alcove. The efficient kitchen features granite countertops with additional bar seating and stainless steel appliances. There’s tons of storage with a double-wide custom closet with Elfa shelves, coat closet, and additional pantry closet and organizer adjacent to the bathroom. The parquet floors were just refinished! Schwab House Co-op Amenities & Features -Full-time doorperson & concierge -Fitness center -Two furnished rooftop terraces -Community room/children’s playroom -Library -Bike storage, storage lockers (upon availability, additional cost) -Connected parking garage (managed by a 3rd party company) -On-site management office -Laundry room and on-site dry cleaner -Elevators -Co-op allows pets, co-purchasing, guarantors, parents buying for children, pied-a-terres, and subletting (3 years maximum). The Upper West Side offers some of the finest lifestyle and cultural highlights in the city, such as Riverside Park, Lincoln Center, and easy access to Central Park. The weekly Tucker Square Farmer’s Market on Saturdays, Trader Joe’s, Citerella, HMart, Jubilee Market, and a multitude of fine dining establishments are all within close proximity. One can easily access the West Side Highway and train lines 1, 2, 3, B & C. Flip tax is paid by seller.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,620 | $2,759 | $3,488 |
Total Monthly Payment | $2,712 | $2,851 | $3,580 |
* 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.