7C is a southern facing, sunny 1 bedroom apartment that features oak hardwood and tile floors, floor-to-ceiling windows and in-unit washer/dryer. The apartment also comes complete with individual balcony.The homes open kitchen features solid-surface countertop, porcelain tile and Carrara marble backsplash and a full suite of stainless steel appliances including dishwasher. THREE99 provides residents the latest in-demand amenities including a state-of-the-art fitness center, billiards lounge, pet spa and virtual doorman system. The building also offers a refrigerated package receiving area, bike storage and individual storage rooms. Residents and their guests will enter the building via a grand lobby area with eye-catching chandelier and soothing green wall. A spot for entertaining, THREE99s common roof deck is complete with lounge-style seating, lush green lawn areas and skyline views. THREE99 completed construction late 2016. Move-ins and 25 year 421A tax abatement (tbc) commenced in 2017. This is not a sponsor unit sale. Up to 90% financing is 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