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Presented by
Lamb Property Group |
KIPS BAY: EXTRA LARGE studio has the length and breadth of a one bedroom with delineated areas for comfortable everyday living. A custom design designates a magnificent kitchen space open to the living area and next to the sleep salon created by a partial wall. A multitude of honey-toned elegant cabinets spans the kitchen. Need counter space? Plenty of room on a lengthly breakfast bar for every type of kitchen gadget. The double wide hallway houses the extended classic kitchen built-ins with more cabinets, refrigerator, and even a dedicated home office. There is a naturally created space for a perfect dining table place. At one end of the over-sized bathroom is a long shower stall with glass sliding doors and at the other end is a deep closet and an area for a storage drawer or shelves. Two deep closets are in the hallway for plenty of coats and personal items. The quiet living area has a super long window with ambient light and a thru the wall AC unit. Enter the modern sophisticated lobby with curving bench and be warmly greeted by the lobby attendant. The building features a laundry room, live-in-super, an attached parking garage which can be entered through the building, and a bike and storage room. Pets under 40 pounds allowed with board approval. The sublet policy after two years of ownership you can sublet for an aggregate of four years. There is a flip tax of 3 percent paid by the seller. At East 25th and Third, one half block away, is the most charming pedestrian plaza for taking a moment for yourself or enjoying the pleasure of another's company. Don't miss it!. Convenient public transportation is in close proximity with the M23 bus and the #6 train at Lexington. Four blocks away are the W and R trains at Madison Square Park. Easy foray to the iconic Gramercy Park area and the Irving Place eateries both casual and upscale. Large grocery stores are by Madison Square Park and local small and medium grocery stores are within a few blocks. Assessment: 252. 34 per month runs for 24 months with a start date of 1/1/25 and going through 12/31/26 for the elevator, new boiler and burners.
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.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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$360,000
Sales Associates
William Raveis Real Estate
Phone: 781.223.5725
LambPropertyGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $288,000 | $288,000 | $288,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,635 | $1,750 | $2,334 |
| Total Monthly Payment | $1,710 | $1,825 | $2,409 |
* 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.