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Your opportunity to step into homeownership starts here. This bright and spacious one-bedroom sponsor co-op offers generous living space, modern updates, and a private balcony—an ideal combination for buyers ready to make the move from renting to owning. Step into a large sun-filled living room framed by a wall of windows, creating an open and inviting space that feels perfect for relaxing, entertaining, or simply enjoying the natural light that fills the home throughout the day. New light vinyl plank flooring flows throughout the apartment, giving the entire space a fresh, modern feel. Just beyond the living area, an adjoining dining space leads directly to your private balcony, offering the perfect spot for morning coffee, evening relaxation, or a little fresh air right at home. The galley-style kitchen features light wood cabinetry and a smart, efficient layout, keeping everything within reach while maintaining separation from the living areas. The bedroom offers impressive space rarely found at this price point. The primary bedroom easily accommodates king-sized furniture and features a walk-in closet, plus two large closets, creating the ideal storage opportunity for NYC living. The updated tiled bathroom adds a clean, refreshed look that complements the home’s modern flooring and bright interior. As a sponsor unit, this home may offer a simpler purchase process than many traditional co-op resales, making it an excellent opportunity for first-time buyers ready to transition from renting to owning. If you’ve been searching for a home that offers space, natural light, a private balcony, and the chance to finally own, this two-bedroom checks all the boxes.
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Our Executive Mortgage Banker:
$285,000
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 | $228,000 | $228,000 | $228,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,404 | $1,440 | $1,893 |
| Total Monthly Payment | $1,479 | $1,515 | $1,968 |
* 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.