Step Into This “SoHo On Long Island” Live/Work Luxury Penthouse. A 4-Level Space Zoned For Both Commercial & Residential Use, Perfect For Your Tax Write-Off. Blending Urban Chic W/ Modern Luxury, It Boasts Soaring Ceilings, Expansive Windows & Sleek Concrete Floors, Making This Open-Concept Condo Ideal For Stylish Living, Entertaining, Or A Creative Studio/Office. The 1st Level Features A Spacious Eat-In Kitchen, Living Room, Dining Room, Bedroom, Full Bath & Polish Concrete Floors. While The 2nd & 3rd Levels Have Been Freshly Painted & Now Showcase Newly Finished, Gleaming Hardwood Floors, Perfectly Complementing The Summer Kitchen, Lounge & Full Bath On Level 2, As Well As The Serene Bedroom W/ An Office Landing On Level 3. Escape To Your Private Rooftop Deck On The 4th Level For Breathtaking Views. This Pet-Friendly Building Includes A Gym, Elevator, Assigned Parking & Ample Guest Space. All Just Seconds From The LIRR & Local Amenities. Whether You’re Seeking A Sophisticated Primary Residence, A Flexible Live/Work Setup, A Smart Investment, Or Mother/Daughter Arrangement (W/ Proper Permits), This Penthouse Offers Endless Possibilities, Especially W/ Freeport’s Low-Cost Electric. Taxes: $9, 875. Common Charges: $707. 1% Transfer Fee Due At Closing Paid By The Purchaser.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,999
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,999 | $399,999 | $399,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $823 | $823 | $823 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,366 | $2,463 | $3,266 |
| Total Monthly Payment | $3,264 | $3,361 | $4,164 |
* 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.