As you enter apt 6D at The Cove Club, you will find sunlight pouring through the oversized windows of this unique corner 2 bedroom. The home presents the rare opportunity to own a newly renovated 2 bedroom with an ideal split bedroom layout. This home has been outfitted with BRAND NEW wide plank hardwood flooring and a gorgeously gut renovated custom carrara marble bathroom with huge soaking tub. This unit features a custom open kitchen complete with black granite countertops, a Bertazzoni gas range & hood, hidden Liebherr refrigerator, and a Bosch microwave and dishwasher. The master bedroom features a large fully built out walk-in closet and the second bedroom is again floor-to-ceiling glass. There is currently a capital assessment of $76.63 p/month for the new elevators. The Cove Club is a full service condominium nestled on a cul-de-sac at the waters edge in southern Battery Park City where residents enjoy a furnished roof deck with expansive views of the Hudson River, updated gym with free weights, residents lounge with pool table, 24-hour concierge and a fully landscaped garden. Four legged friends are welcome.
Battery Park City is a unique part of Lower Manhattan — its location was created by land reclamation along the Hudson River using surplus soil and rock that was excavated from many large construction projects, including the World Trade Center. Spanning 92 acres in total, Battery Park City is home to many businesses and business professionals alike that work in the nearby financial district. Residential areas of Battery Park City are separated by the World Financial Center, which is in close proximity to the beautiful yacht harbor at the North Cove. The southern section is more densely populated while the northern area remains under construction of larger 20 to 45-story buildings. The breathtaking views and vastness of the neighborhood are prime selling points for those looking to make a home here.
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