Welcome to your spacious, elegant and light corner 1- bedroom and 1. 5 bathroom!This airy floor to ceiling windowed corner apartment has all the features that you would need. Large living room ready for entertainment, lots of storage space as well as washer/dryer in the apartment. The kitchen is equipped with Miele Dishwasher, Wine Cooler, Miele Convection Oven/ Micro Wave, KWC faucet and Sub Zero refrigerator and freezer. The grand water fall kitchen counter with its beautiful backsplash lends a perfect place for cooking and eating together. The large bedroom has a walk in closet and en suite bathroom including floating vanity, glass enclosed walk in rain shower and exquisite fixtures and finishes. The apartment has a very practical entry space adjacent to the beautiful powder room and a coat closet flow into an open concept living room, dining room, and kitchen overflown with natural light. 172 Madison is a luxury condominium in South midtown with 24-door man, concierge services, a resident only lounge, 67 feet saltwater pool, state of the art fitness room, steam rooms, bicycle storage, children playroom and pet spa. The building is conveniently located close subway 6/B/D/F/M/N/Q/R/W and it is very easy to travel both uptown or downtown from the area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,570,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,256,000 | $1,256,000 | $1,256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $935 | $935 | $935 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,632 | $8,251 | $10,941 |
Total Monthly Payment | $8,692 | $9,311 | $12,001 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.