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Investor-Friendly. Unlimited Subletting from Day 1. Conveniently located near NYU Dental School, School of Visual Arts (SVA), Baruch College, and Hunter–Bellevue School of Nursing, Apartment 5G is a must-see. This partially furnished, move-in ready residence features two generously sized bedrooms and multiple living and configuration options—just bring your bed and settle in. The apartment offers beautiful wood floors, ample storage, home office potential, and through-wall air conditioning units in each bedroom. Common areas are enhanced with ceiling light fixtures, including a ceiling fan in the study, and double-paned windows that provide abundant natural light while minimizing city noise. The spacious eat-in kitchen accommodates a full dining set and showcases custom dark wood cabinetry, sleek gray tile backsplash, stainless steel appliances, a full-size refrigerator, and dishwasher. Across from the kitchen are additional white upper and lower cabinets with countertop workspace, lighting, and a 2’ x 6’ matching storage cabinet. Two floor-to-ceiling closets and additional built-in cabinetry throughout provide exceptional storage. The recently updated, all-white bathroom features a window for ventilation, a vanity with storage, a newer toilet, and a shower/tub combination. The large living area easily fits a full-size sofa and offers plenty of room for entertaining and relaxing. Utilities: Pre-wired for Verizon FIOS and Spectrum. Heat and hot water are included and controlled by the building. Electricity is separate. 311 East 25th Street is a pet-friendly, elevator building located on the border of Kips Bay and Gramercy, close to an abundance of restaurants, cafes, and nightlife. The building’s façade, lobby, and common areas were recently renovated with new lighting, paint, and carpeting. The upgraded intercom system connects directly to your cellphone, allowing remote access for deliveries. A new security system includes cameras in the lobby and on each floor, and the elevator has also been recently upgraded. Target, Trader Joe’s, and Fairway are all within walking distance. A dog park is around the corner, and both Madison Square Park and Stuyvesant Square Park are nearby. A laundromat with pickup and drop-off service is just half a block away. Transportation is convenient with the 6 and R/W subway lines within a 10-minute walk, and the M15-SBS and M23-SBS bus lines only a few minutes away. **There is currently a monthly assessment of $177. 67** A Must See.
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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 |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,204 | $2,393 | $3,209 |
| Total Monthly Payment | $2,279 | $2,468 | $3,284 |
* 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.