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Convenient and serene, Apartment 5F at 229 East 28th Street is a move-in ready studio in the heart of Kips Bay, bordering Murray Hill and Gramercy. Perched above the treetops with open southern exposure, this home enjoys all-day natural light and a calm, airy ambiance.
The open kitchen is thoughtfully designed with stainless steel appliances, ample cabinetry, and a breakfast bar that comfortably doubles as a dining area, maximizing both function and space. This home provides exceptional storage, making studio living highly efficient and organized. The windowed bathroom features a soaking tub/shower combination and a fresh, modern look.
Built in 1963, 229 East 28th Street is a well-maintained post-war cooperative on a picturesque, low-traffic block. The building offers a virtual doorman, full-time superintendent, laundry room, bike room, and individual storage lockers for rent, and allows up to 80% financing.
This central Kips Bay location places you amongst some of Manhattan's most popular cafes, restaurants, and nightlife. Everyday convenience is unmatched with Trader Joe's, D'Agostino, Target, Fairway, and Bed Bath & Beyond all nearby. Multiple subway and bus lines are just a few blocks away, providing easy access to Midtown, Downtown, and the rest of New York City. Only 20 minutes to NYU!
Apartment 5F is an ideal primary residence, pied-à-terre, or starter home in one of Manhattan's most convenient neighborhoods.
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:
$385,000
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 | $308,000 | $308,000 | $308,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,896 | $1,972 | $2,578 |
| Total Monthly Payment | $1,971 | $2,047 | $2,653 |
* 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.