500 East 83rd Street, #PHM, New York (Upper East Side), NY, 10028 | $1,975,000

Streaming Sunlight and Exceptional Views

Welcome to this beautiful three bedroom, three bath coop that with an inviting floor plan and expansive views. Enter this gracious home into a welcoming foyer that leads you into the entertainment space. The living room and dining room face east treating you to breathtaking views, abundant natural light throughout the day, and the city lights in the evening. The dining area is expansive with room for a large dining table and eight chairs for dinner parties and entertaining for the holidays.

The windowed kitchen has two entrances to allow for great flow and ample counter space to for meal preparation, equipped with Stainless steel appliances, a pantry, and many cabinets. There is a breakfast bar at the window - the perfect spot to savor your morning coffee and take in the view.

The luxurious primary bedroom is a true retreat with a wall of custom mirrored closets and an en suite bath, with tub and separate shower. Wake up to the sunrise and East River views. There are two additional bedrooms that are split from the primary bedroom. The spacious second bedroom can easily fit two twin beds with plenty of play area and has an en suite windowed bath with bathtub and two large closets. The unobstructed views from this corner room are to the north and east with the terrace outside. The third bedroom is currently configured as a den and has access to the terrace and has a large walk-in closet. The third full bath is conveniently situated outside this room and can double as a powder room.

PHM has loftlike 9'2" ceilings and could easily be converted into four bedrooms if needed. If you are looking for large rooms, open views, amazing closets, a meticulous building, and a great location, we may have found your next home! This full-service building has a 24-hour doorman, concierge and a live-in resident manager. Residents also have a full-service health club, indoor swimming pool, Pilates studio, sauna, locker room, yoga room, exercise classes, landscaped rooftop garden, attended garage, storage room, bicycle room and laundry room.

500 East 83rd Street is conveniently located near Carl Schurz Park and the East Promenade, surrounded by an abundance of supermarkets, shopping, charming cafes, top restaurants, and lively bars. Easy access to the Q and 4, 5, 6 trains which are just a few blocks away. The pet-friendly building allows 75% financing, pied-a-terre, and guarantors. Don't miss this opportunity!

Please note that there is currently an assessment of $436. 96 a month.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 21
  • Amenities: Bike Room; Garage; Spa Services; Fitness Room; Exercise Studio; Pool; Sauna; Laundry Room; Roof Deck; Private Storage For Fee;
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: Morad Executive
  • Year Built: 1965
  • Pet Policy: Pets Allowed
  • Balcony: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122462147
  • Days on Market: 501 days
  • Website: https://www.raveis.com
    /prop/RPLU5122462147/500east83rdstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate - Park Plaza

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

500 East 83rd Street, #PHM, New York (Upper East Side), NY, 10028

$1,975,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,580,000 $1,580,000 $1,580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,848 $9,600 $13,015
Total Monthly Payment $8,973 $9,725 $13,140

* 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.