Presented byLen Pace |
Studio apartment with Soaring Ceilings West of Lexington Avenue! Two large North facing windows peak out at the treetops of West 83rd street in this perfect pied a terre or starter apartment, two doors down from the iconic Lexington Candy Shop. The windowed, renovated kitchen is equipped with stainless steel appliances including a gas range, dishwasher, and built in microwave. Beautiful hardwood floors, two large storage closets, and a windowed bathroom with retro black and white tile complete the picture. 120 East 83rd street is a boutique coop with an elevator, private garden. bike storage and laundry in the building. The superb location is a stone's throw to shops, transportation (4, 5 and 6 subway lines), cross-town buses, nightlife and restaurants, Central Park and the Met. Photos have been virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
National Referral Counselor
William Raveis Real Estate
Phone: 877.539.4548
Len.Pace@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 | $279,200 | $279,200 | $279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,905 | $1,856 | $2,356 |
Total Monthly Payment | $1,980 | $1,931 | $2,431 |
* 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.