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517 W 48th Street, #3FE, New York (New York (Manhattan)), NY, 10036 | $305,000
BY APPOINTMENT ONLY. Located in the heart of Hell’s Kitchen, this HDFC cooperative offers a rare opportunity to create your own Manhattan home at an attractive price point in one of New York City’s most vibrant neighborhoods. Apartment 3FE is ideal for buyers with vision looking to customize and modernize a space to their personal taste. Bring your architect or contractor and unlock the potential of this diamond in the rough. With a functional layout and a well-sized closet uncommon for many Manhattan apartments, this home presents an excellent opportunity for the right purchaser to create something truly special. Enjoy affordable Manhattan ownership surrounded by some of the city’s best dining, nightlife, entertainment, and cultural destinations. Located moments from the Theater District, Hudson River Park, Midtown, Hudson Yards, and multiple transportation options, Hell’s Kitchen offers the perfect balance of neighborhood charm and city convenience. Spend your weekends exploring local cafés and restaurants, catching Broadway shows, enjoying waterfront walks along the Hudson, or taking advantage of nearby fitness studios, shopping, and vibrant nightlife. This is an HDFC cooperative with income restrictions and board approval requirements. Purchasers must meet applicable HDFC income and eligibility guidelines.
Features
- Town: New York
- Heating: Baseboard
- Cooling: None
- Levels: 5
- Rooms: 2
- Bedrooms: 1
- Baths: 1 full
- Laundry: Other
- Year Built: 1901
- Approx Sq. Feet: 340
- Lot Desc: City Lot, Near Public Transit, Near Shops
- View: Neighborhood
- Elem. School: Ps 212 Midtown West
- Middle School: Ms 131
- High School: Jacqueline Kennedy-Onassis High Sch
- School District: Manhattan 2
- Pet Policy: Call
- Appliances: Gas Cooktop, Gas Oven, Gas Range, Refrigerator
- MLS#: 995618
- Days on Market: 26 days
- Website: https://www.raveis.com
/prop/995618/517w48thstreet_newyork_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
517 W 48th Street, #3FE, New York (New York (Manhattan)), NY, 10036
$305,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $244,000 | $244,000 | $244,000 |
| 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 | $1,461 | $1,522 | $2,010 |
| Total Monthly Payment | $1,536 | $1,597 | $2,085 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535