THE UNIT: Attention! This is a rare opportunity to own a cool, corner 1 bedroom at an awesome price and w/ super low monthly maintenance! To start, this is one of only a few units that boasts their own separate entrance set back from the street w/ a private vestibule shared w/ only one other apartment - pull up and load/unload your stuff w/ ease! Step inside to a good-sized sunken main living room w/ formal dining area that easily accommodates a third area of use such as a home office space, etc. Look ahead to an open and updated kitchen that is efficiently designed and features a clean subway tile backsplash, a sleek farmer's sink, enough storage and . . . a set-up that is perfect for entertaining and open sight lines! Beyond the kitchen, a short hall w/ 2 spacious hall closets leads to the bed and bath! A classic & clean bathroom includes a tub/shower combo and updated fixtures, while a spacious & secluded corner bedroom w/ dual window exposures receives good light and cross vent air! Other notable unit features include gorgeous original hardwood floors, interior doors w/ gorgeous wood trim detail, smooth walls, extra high ceilings and more. . . this is a must-see opportunity w/ max value! THE BUILDING/LOCATION: Enjoy the best of both worlds. . . your private entrance and/or grand building amenities! The Normandy. . . a most charming, prestigious, full-amenity, full-luxury, pre-war building w/ classic style & elegance & centrally located in the heart of FH. Financially sound co-op w/ stable maintenance. Elegant lobby. 18-hour doorman. Live-in Super & Assistant Super w/ full building staff. Extremely well-maintained interior & exterior grounds. Beautiful landscaping. Indoor parking garage w/ assigned spot & remote access (wait list. ) Secure building entry & camera surveillance system. Laundry room w/ plenty of machines to go around. A commuter's dream. . . quick trip to Manhattan and literally just steps to express subway, buses, LIRR, Austin Street, shops, entertainment, parks, Sunday farmer's market, FH Gardens, Station Square, West Side Tennis Club, FH Stadium, and more. . . nearby to absolutely all! OTHER: Minimum down payment = 25% down. Maximum DTI = 30%. Sublets after 2 years. Cats only. No dogs. Board application & interview apply. Monthly maintenance includes heat, hot water and real estate taxes. Co-Op w/ healthy reserve funds. No additional assessments at this time.
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $183,200 | $183,200 | $183,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,250 | $1,234 | $1,571 |
Total Monthly Payment | $1,325 | $1,309 | $1,646 |
* 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.