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Completely renovated and move-in ready, 2685 Creston Avenue, Unit 1E offers a fantastic opportunity to own a sponsor unit with a streamlined purchase process—no board approval required. This thoughtfully updated residence features a bright and functional layout designed for comfortable everyday living. The space opens into a welcoming living area with flexibility for both lounging and dining, making it easy to tailor to your lifestyle. Natural light fills the apartment, enhancing the clean, modern finishes throughout. The home includes a renovated, windowed kitchen and a windowed bathroom, offering both style and practicality. Pre-war details such as parquet hardwood floors, arched doorways, and classic design elements add warmth and character to the space. Located in a well-maintained six-story cooperative with 73 units, the building offers a recently upgraded elevator, on-site laundry, and a live-in superintendent. The lobby features timeless terrazzo flooring and marble accents, creating a welcoming first impression. Monthly maintenance is $775. 43 and includes heat and hot water (prior to STAR). Ideally situated near the Kingsbridge Road corridor and the Grand Concourse, residents enjoy easy access to a wide range of shopping, dining, and everyday conveniences. Public transportation is readily available, with multiple bus lines nearby and the B, D, and 4 trains just one block away—making commuting to Midtown Manhattan quick and convenient. Subletting is permitted after two years of ownership with board approval. Please note that pets and investors are not allowed. Seller pays NYC/NYS transfer tax. Buyer pays seller’s attorney fee ($1, 300), ACRIS filing fee ($275), and NYC Department of Finance filing fee ($150).
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Our Executive Mortgage Banker:
Our Insurance Division:
$170,000
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 | $136,000 | $136,000 | $136,000 |
| 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 | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $804 | $837 | $1,111 |
| Total Monthly Payment | $879 | $912 | $1,186 |
* 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.