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Price Reduced!!! This spacious alcove studio is located in a wonderful Tudor City cooperative building. Currently in move-in condition, this apartment is unique in that it has a coveted, private outdoor space almost equal in size to the apartment itself. Several windows and a door leading to this private patio space allows the exterior area to be viewed from inside the apartment, evoking a feeling of spacious living beyond this already large studio. The apartment has been updated with a newly installed closet organizing system, an overhead ceiling fan/light and new track lighting fixtures. Freshly painted throughout, there is a dishwasher in the kitchen, a window air conditioning unit, outdoor storage bins, and a flexible floor plan, all welcome additions for easy living.
Located in a full service building which includes 24-hour doorman services, a live-in superintendent, additional building staff, a package room, a common garden, elevators, a central laundry room, bike storage, building storage areas and pets are permitted with board approval. There is an in building garage available for unit owners at a discounted price and easily accessed through a building elevator. Gym membership is available across the street in 5 Tudor City Place. Co-purchasing, pied a terre and parents buying is permitted. After 1 year of residency, sublets may be permitted with board approval. The low maintenance includes electricity, real estate taxes, water, and heat. There is currently an assessment through January 2027 of 91. 34/monthly for Local Law work.
Tudor City is a lovely area off Second Avenue between East 41st and East 43rd Streets. Boasting community gardens, a playground, a restaurant, a convenience store, nail salon and more. This area is registered in the National Register of Historic Places. Shown BY APPOINTMENT ONLY. Please contact Broker/Owner for an appointment. Brokers welcome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,246 | $2,365 | $3,014 |
Total Monthly Payment | $2,321 | $2,440 | $3,089 |
* 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.