Saturday 3/14/20 Open House 1 to 2:30pm. This charming spacious prewar one bedroom, one bathroom apartment is centrally located on the tree-lined block of East 12th Street between Third and Second Avenues. 9 FT ceilings, original moldings, hardwood floors and 4 windows facing onto street enhance the apartment. Original kitchen with farmer sink and prewar tiles in bathroom. With some TLC and design ideas will restore this apartment to its former glory. 216 East 12th Street is a well maintained co-op. Gifting, pied a terres and co-purchasing are all considered on a case by case basis. Laundry and bike storage on premise. Each unit also comes with individual storage space. Subletting allowed with board approval after 2 years of ownership. No dogs please. Only two flights up.
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