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Step into a world of possibilities at 5700 Arlington Avenue, Unit 22A, nestled high in the vibrant and welcoming community of Riverdale. This charming coop on the 22nd floor beckons you with open potential and dazzling natural light from all directions. With stunning views of the park, river, and quaint rooftops beneath a vast sky, this home offers an unparalleled backdrop to your everyday life. This one-bedroom, one-bathroom space invites your creative touch to elevate it from its current condition. Enjoy the balance of a separate kitchen and great closet space for all your storage needs. Embrace comfort with in-unit cooling and the flexibility to install a washer/dryer. The building itself is a post-war high-rise rich with amenities, including a full-time doorman and part-time concierge, ensuring convenience is at your fingertips. Delight in the peaceful grounds, engage with community activities, or let the little ones explore the outdoor playground safely. Parking is a breeze with an on-site wait-listed garage and guest parking. Riverdale offers a mix of urban excitement and suburban calm, with plentiful green spaces and accessibility to local transportation options, making it easy to explore the rest of New York City. Pets are welcomed, so you and your furry companions can enjoy the amazing surrounding amenities. Gain access to all these features plus the ability to craft your dream kitchen and bathroom, transforming this coop into a timeless masterpiece truly reflecting your style. Don't miss out on this opportunity to build your dream home in a community that's both vibrant and serene. Schedule your showing today and start designing your future! (Photo is virtually staged)
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Our Executive Mortgage Banker:
$220,000
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 | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,054 | $1,098 | $1,450 |
| Total Monthly Payment | $1,129 | $1,173 | $1,525 |
* 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.