Bright, Big, Beautiful Apartment, Ripe for Your RenovationLight fills this extra-large (approx 1050 SQFT) two bedroom apartment. Live on the 8th floor of this unique building with views of the Williamsburg Bridge from the study/bedroom and kitchen, and in the evening watch the sunset light fill your airy living room. The apartments thoughtful layout lends itself to both comfortable and practical living with five large storage closets, a windowed bathroom and parquet floors. The apartment has two copiously-sized bedrooms allowing for king sized beds and an expansive alcove living space ideal for entertaining.This freshly painted apartment is perfect for anybody wanting to upgrade to a two bedroom. You can move in or decide to put your own touches to your new home. The low maintenance fee include 24 hour building security, lobby attendant, playroom, a huge laundry and is surrounded by parkland and the East River. There is also a fully equipped gym at a very reasonable yearly fee.Positioned in walking distance from Manhattans famous East Side restaurants, the new Essex Crossing Mega Complex (including Target), subways at Delancey/Essex and East Broadway and with buses outside your doorstep this apartment provides it all! This is truly an amazing deal. Co-purchasing, guarantors, and gift-purchasing are allowed.Subleasing is permitted after 2 years of ownership and it is subject to board approval.
The Lower East Side is a neighborhood that was once largely identified as an immigrant and working class area, but now serves as a sought-after spot that is home to many fashionable boutiques, trendy restaurants, and an effervescent art scene. Once placed on the National Trust for Historic Preservation’s Most Endangered Places, the LES continues to blossom as fresh architecture quickly replaces the pre-war customary type building. As a result, this mix of new and old leads to many complementary streetscapes and scenery. The LES is home to many parks including the popular La Plaza Cultural and surrounded by East Houston Street to the north, Canal Street to the south, the East River to the east and Bowery to the west. Known as one of the oldest neighborhoods in the city, the Lower East Side is definitely a place with unique charm.
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