305 E 40th Street, #14V, New York (Murray Hill), NY, 10016 | $455,000

HIGH FLOOR STUDIO - BEST LINE IN THE BUILDING! CHARMING VIEW. LOW MAINTENANCE. NO ASSESSMENTS. CHEAPER THAN RENT! Centrally located in Murray Hill, this North facing studio is QUIET and in MOVE-IN CONDITION, offering generous space for a LIVING, DINING and SLEEPING AREA. HVAC units are the best in AIR CONDITIONING - no window box units! The apartment features a large pass-through closet / dressing area leading to the updated bathroom. The SEPARATE KITCHEN is equipped with stainless steel appliances and granite countertops. NEWLY PAINTED and all NEW LIGHTING throughout! Just. Move. In. BUILDING AMENITIES: 24-hour CONCIERGE & DOORMAN, ROOF-DECK, BIKE ROOM, common STORAGE area and LAUNDRY room. SUBLETS ALLOWED - maximum 3 years Sorry, no pets PURCHASE STRUCTURES: Pied a terres (second homes), GIFTING, Guarantors and Co-Purchasing ALL ALLOWED. NO ASSESSMENTS No Flip Tax 25% down payment min / 75% maximum financing EASY SHOWINGS! With a perfect midtown location - just steps to the UN, midtown businesses and Grand Central, this well proportioned studio is the perfect stepping stone to build your financial wealth.

Features

  • Town: New York
  • Cooling: Central Air
  • Levels: 21
  • Rooms: 2
  • Baths: 1 full
  • Lot Size: 0.000000x0.000000
  • Laundry: Common On Floor,Common Area
  • Year Built: 1963
  • Common Charge: $1,055 Monthly
  • Approx Sq. Feet: 470
  • Est. Taxes: $0
  • View: City
  • Pet Policy: Building No,No
  • Appliances: Dishwasher,Gas Cooktop,Stainless Steel Appliance(s)
  • MLS#: RLS20026205
  • Days on Market: 276 days
  • Website: https://www.raveis.com
    /prop/RLS20026205/305e40thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

William Raveis Family of Services

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.

Pritchard Homes TeamSales Associates

203.414.5571

PritchardHomesTeam@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional Sales Producer of Insurance, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

305 E 40th Street, #14V, New York (Murray Hill), NY, 10016

$455,000

Pritchard Homes Team

Sales Associates

William Raveis Real Estate

Phone: 203.414.5571

PritchardHomesTeam@raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $364,000 $364,000 $364,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.137% 6.132% 5.396%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,038 $2,180 $2,902
Total Monthly Payment $2,113 $2,255 $2,977

* 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.