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Presented by
Michael Kotsidis |
Make your home at The Palisade. River Terrace is Riverdale's premier full-service luxury cooperative, and this spacious alcove studio-with its loft-like layout-offers an exceptional opportunity. A generous open eat-in kitchen features Silestone quartz countertops, a custom-tiled backsplash, and a dining bar. Stunning Hudson River views will captivate both you and your guests. The flexible floor plan allows for an easy conversion to a one-bedroom, and a full wall of closets provides excellent storage. The bathroom has been tastefully renovated. The building offers 24-hour doorman service and a full staff. Residents enjoy a large seasonal outdoor heated pool overlooking the Hudson-beautifully lit for evening swims-and equipped with picnic tables and grills for summer dining. Maintenance includes electricity, central A/C, gas, heat, basic cable, and access to the new gym for a fee. On-site outdoor parking is available for a reasonable fee when space permits. Transportation is exceptionally convenient: subways and express buses are nearby, and the Spuyten Duyvil Metro-North station is just five minutes away, offering a 25-minute ride to Grand Central Terminal. This is a rare opportunity to acquire a spacious residence with direct river views on coveted Palisade Avenue-at a highly attainable price. Shops and parks are close by as well. Discover your private, serene retreat only 25 minutes from Grand Central-where you can enjoy an extraordinary lifestyle on the banks of the spectacular Hudson River, watching sailboats drift by and experiencing the changing seasons along the Palisades cliffs, where eagles and peregrine falcons take flight above the vast river.
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:
$250,000
Sales Associate
William Raveis Real Estate
Phone: 929.866.8610
Michael.Kotsidis@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,136 | $1,199 | $1,608 |
| Total Monthly Payment | $1,211 | $1,274 | $1,683 |
* 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.