Opportunity on Park Avenue
Maisonette 1A at 888 Park Avenue offers the opportunity to create a special home with a private street entrance at 63 East 78th
Street in addition to the elegant lobby entry on Park Avenue. With
approximately 2000 square feet, this unique space is currently configured
as a medical office and offers 4 bedrooms, a media/home office/play room
and one and a half baths.
All the potential to create a exquisite home is in place; well proportioned rooms, high ceilings and 10 windows with
southern and western exposures that provide excellent light.
Central Air is already in place.
Built in 1926, 888 Park remains a superb pre-war Park
Avenue cooperative providing gracious residences and medical offices. It includes 24
hour doormen, a live-in resident manager and porters. A private storage room is
provided with the unit. Pieds-a-terre and pets are permitted.
Located in Lenox Hill and close to the Carnegie Hill
neighborhood, 888 Park Avenue offers easy access to Central Park,
Museum Mile and convenient city transportation.
Please call for your Private Showing.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,757 | $6,321 | $8,439 |
Total Monthly Payment | $5,882 | $6,446 | $8,564 |
* 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.