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Come home to Apartment 44 at 501 West 156th Street, a bright and spacious two-bedroom prewar HDFC co-op with open city views. This fourth-floor walkup apartment offers a beautiful corner living room with high ceilings and five large windows facing east and south. Sunlight fills the space throughout the day, and there are partial views of the downtown skyline. There is more than enough space for separate living and dining sets and a desk if you work from home. The windowed kitchen is both functional and inviting, with granite countertops, an induction range, and two large windows that make it a pleasant place to cook. Both bedrooms feature generous linear closets, and the primary can comfortably fit a queen-sized bed with other furniture. A windowed bathroom, in-unit laundry, and hardwood floors throughout complete this lovely home. 501 West 156th Street is an HDFC cooperative with no limits on financing, and multiple banks are familiar with lending in the building. Pets are welcome. Located moments from the 1 and C trains, residents also enjoy proximity to the many restaurants and bars nearby and the acclaimed Hispanic Society Museum & Library at the end of the block. Income restrictions apply: $98. 940/year (household of 1-2 person) and $113, 280 (household of 3+ persons); Flip tax is paid by owner and is 20% of profit if ownership lasted less than two years, 15% of profit if ownership lasted between two and five years, and 10% of profit if ownership lasted longer than five years. Pied-a-terres are not allowed and subletting is allowed on a case-by-case basis.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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
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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 | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,751 | $1,823 | $2,431 |
| Total Monthly Payment | $1,826 | $1,898 | $2,506 |
* 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.