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A pre-war brick fireplace, south-facing courtyard light, and a thorough renovation — Apartment 4E makes a strong case that 408 square feet is more than enough. The living area is bright and open, anchored by the original decorative brick fireplace and flooded with southern light through courtyard-facing windows. New wide-plank blonde oak floors and eight-foot ceilings with crisp white walls give the space an easy, airy quality that punches above its square footage. The kitchen has been fully updated with white shaker cabinetry, matte black hardware, and a matching matte black faucet. Appliances include a Summit refrigerator, a GE gas range with hood ventilation, and a newly-installed dishwasher. The compact galley layout is efficient and well-organized, with ample upper cabinet storage throughout. The bathroom features white subway tile, a walnut vanity with a recessed medicine cabinet, and a frameless sliding glass shower door over the tub. Storage is a genuine strength of this layout. The entry foyer offers two closets side by side, with a third off the bathroom hallway — unusually well-served for a studio of this size. 314 West 56th Street is a well-maintained cooperative building with a virtual doorman, laundry room, furnished roof deck, and a live-in superintendent. Three blocks from Central Park and steps from Columbus Circle, Lincoln Center, MoMA, and the dining and retail of Midtown's west side. Subway access is exceptional, with the 1, A, B, C, D, E, F, N, Q, R, and W trains all within walking distance.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.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.
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Our Executive Mortgage Banker:
$475,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $380,000 | $380,000 | $380,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,340 | $2,399 | $3,156 |
| Total Monthly Payment | $2,415 | $2,474 | $3,231 |
* 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.