Charming East Village apartment -- co-purchasing and guarantors allowed. Own your perch in the East Village in this well-maintained boutique co-op. The apartment features high ceilings and new hardwood floors as well as French doors leading to the queen-sized bedroom. The kitchen offers a stainless steel refrigerator and dishwasher, as well as a movable cabinet that offers storage and extra countertop space and conveniently tucks away when not in use. In addition to a double-sized entry closet, there are overhead cabinets in the living room and bedroom for all of your storage needs. The apartment has through-wall AC and a quiet exposure onto the building courtyard, with its mature cherry blossom tree. 507 East 12th Street has central laundry, bicycle storage, and private storage cages. Two short blocks from Tompkins Square Park, countless cafes, independent boutiques, Target, and the new L train entrance at East 14th Street and Avenue A. This co-op is professionally managed and maintained in excellent condition. There is a monthly surcharge of $51.57 for internet, cable and phone service. Dogs are not allowed.
The East Village extends from East Houston Street to 14th Street, between Fourth Avenue and Lafayette Street and the East River. Home to the original New York punk scene and bikers for decades, the East Village has boomed in recent years into a community alive with residents from all over the world. The available housing consists mainly of walk-up buildings (many of which are now refurbished) and several new residential buildings. The East Village has become home to trendy shops, art galleries, bars and every type of cuisine imaginable. There are also several movie theaters within walking distance, including the newly renovated Sunshine Theater on Houston Street.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more