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LOCATION: Unique magic fun filled space in a central location less than a five minute walk to Union Square that has the 4, 5, 6, L, N, Q, R, & W. The Third Street L train is even closer directly on the corner. Also one short street away is the hidden gem Stuyvesant Square Park including a dog park for dog lovers. Washington Square Park, Madison Square Park, and the East River are all also within 1 mile. HOME: There is no other home like this. This place is a tiny giant. The fully equipped kitchen with granite countertops, sizable island, dramatic nearly 12ft. high ceilings boosting an open layout with the living room creates the illusion of a much bigger space! It is a studio but with 3 separate queen sleeping spaces you would never know. There is a first floor sleeping space with murphy bed for optimal use & two loft sleeping spaces that have ladder access and can also be used as storage. Four closets throughout, plus in home bike storage, plus a few sturdy built in shelves help keep everything organized. The luxurious bathroom has a bidet with heated toilet seat, an amazing widespread sink faucet, & rain/steam shower that make you feel like you are at the spa. A two seater swing in the living room and fire pole to/from lofts create a playful eloquence. Sound proofing foam insulation helps to alleviate the noise. Water & air purifiers, heaters & fans throughout with seasonal AC comfort the atmosphere. Most the interior doors are unique hand carved from around the world while the entry door is steel. 3 deadbolts, a chain lock, full window grate coverage with additional fire escape hatch will make anyone feel safe. Two double hung windows and one large picture window give surprising amount of light for a first floor space. Super secure, clean, functional, & fun space runs off wind power. Also much of the build (done in 2022) was sustainably sourced & is more organic. The apartment is surprisingly spacious & quiet considering the tiny footprint & central location which has commercial store front potential. The home was featured in The New Yorker magazine for the design. The layout makes this tiny giant a super functional home for most any desires. The magic is inside! BUILDING: $1175. 87 monthly maintenance, butterfly intercom remote entry, storage available in basement, new building roof, new basement structural enforcements, new sidewalk in progress, elevator building on first floor, oil boiler but apartment has electric heat, sublet after one year.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$760,000
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 |
|
|---|---|---|---|
| Loan Amount | $608,000 | $608,000 | $608,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,641 | $3,839 | $5,049 |
| Total Monthly Payment | $3,733 | $3,931 | $5,141 |
* 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.