Note: the above is based on a down payment of 20% ($130,000),
which is the minimum amount permitted by the building.
Description
Newly renovated, sun-drenched 2-bedroom apartment in a vibrant Upper West Side neighborhood just 2 blocks from Central Park.
Apartment 5R is perched on the top floor of a well-maintained, walk-up HDFC cooperative at 111 West 106th Street. The quiet apartment faces the back of the building and enjoys abundant light and big sky views from its northeastern exposure.
The apartment has a charming foyer with a large double closet with built in shoe-storage and shelving.
The completely updated bathroom features floor-to-ceiling white glass Thassos tile, and black hex floor tiles. The kitchen is adorned with white quartz countertops and kitchen island, a Bertazzoni gas range, Bosch stainless steel refrigerator and dishwasher, Grohe faucet and Semi-Handmade two-tone cabinets with floating shelves.
Opposite the kitchen island youll find a new laundry-closet with a Bosch washer and dryer.
The inviting living room is framed by a meticulously restored exposed brick wall and decorative fireplace, and also features recessed lighting and new oak hardwood floors.
The primary bedroom has a custom-built, floor to ceiling built-in closet and room for a king-sized bed. The second bedroom has room for a queen size bed and enjoys glorious sunlight and northeast views - this room easily converts as an excellent home office.
Apartment 5R also has its own large storage unit (at no additional cost), which is perfect for bikes, ski gear, luggage etc.
Financing in the pet-friendly, boutique coop at 111 West 106th street is particularly attractive: the building qualifies for the Eagle Community Loan Program through First Republic Bank. This program currently offers a 2.5% fixed rate for a 30-year fixed mortgage with a credit of up to $7,000 towards closing costs.
Assuming you take advantage of the Eagle Community Loan coupled with the buildings low maintenance costs of $917 per month your monthly Mortgage + Maintenance would be less than 3k per month! HDFC income caps apply.
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