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IT' S TIME TO STOP RENTING. . . BEECHHURST TOWERS …Historic Beechhurst Landmark with Timeless Charm Fully Renovated and Fully Furnished Studio~Building Allows 10% Down & No Flip Tax, makes this a Must See! This renovated studio features 9 foot ceilings, wood flooring with mahogany trim and 2 large windows allows for natural light to fill the room. An entry foyer features 2 closets before entering your living space. Inside you'll find a complete kitchen area with wall-to-wall mahognay cabinets, for plenty of storage and stainless appliances including, refrigerator, stove, microwave & dishwasher, and a separate island for counter style seating, {this space can also be used for a table}. The living area is complete with an L-shaped sofa, TV stand, bed, dresser, desk and another closet. The bathroom features a modern vanity, designer tiles on the floor, walls and tub area. The tub features 2 shelves built into the wall allowing space for your toiletries. The bathroom also has its own window. This uniquely styled Tudor residence allows you to step into a piece of New York history. Originally built in 1928 as a hotel was once known as the Hotel to the Stars, with such actors as WC FIields and more, now proudly holds city landmark status. Nestled in the heart of Beechhurst, this architecturally distinctive building offers a rare blend of old-world elegance and modern convenience. One of just 92 units in the entire complex, this studio provides a sense of exclusivity and community. Outside you’ll find beautifully maintained grounds, with access to both Q15 to Main St and QM2 to NYC, both only 2 short blocks away and just minutes to local shopping, and highways leading to Bridges & Airports. This home is perfect for those seeking character, comfort, and a coveted location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$210,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $168,000 | $168,000 | $168,000 |
| 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 | $954 | $1,021 | $1,362 |
| Total Monthly Payment | $1,029 | $1,096 | $1,437 |
* 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.