Only Remaining “Townhouse” at 555 West End Avenue!
Townhouse North at 555 West End Avenue is a sun-flooded corner triplex with 12+ft ceilings, 4, 372 SF of light-filled volumes of space, and the craftsmanship and graciousness of classic co-ops. This unique residence has four bedrooms, each with en suite baths, two powder rooms and a private entrance. One of just 13 singular residences in Tamarkin Co. ’s newly completed extraordinary condominium conversion of a landmarked former school, Townhouse North was designed for those who love the feel of a house but want full service, security and amenities. The 29-ft Northeast corner Great Room has five 9-ft. tall sash windows that usher in light throughout the day. Considered one of the best kitchens in New York City, the enormous eat-in kitchen, crafted by millworker extraordinaire Christopher Peacock, has a 15-ft long polished Arabescato marble slab breakfast bar, countertops and backsplash, fluted glass cabinet fronts, Nanz hardware, vented Wolf 48-inch double oven range, SubZero fridge and separate freezer, wine storage, microwave and warming drawers, two dishwashers, Lefroy Brooks faucets, garbage disposal and pot filler. An additional fun feature of this kitchen is the adjacent TV room/lounge. Three of the four bedrooms (all en-suite) are located on the second floor. The corner master bedroom is sun-flooded with east light; two additional bedrooms are bright and face north to the tree-lined block. The master bedroom features 12-ft-8” ceilings, two walk-in closets and a five fixture master bath with Calacatta gold marble slabs, custom white oak vanities by Christopher Peacock, double sinks with Lefroy Brooks fixtures, radiant-heat floors, towel warmer, steam shower and private Toto Neorest smart toilet. En suite secondary bedrooms have walk-in closets; baths have the highest quality stone and hardware. Also on the bedroom floor is a home office nook. A fourth en suite bedroom is located on the lower level. A laundry chute on the bedroom floor is a fun way to send laundry to the large laundry room on the lower level, which has a full size vented washer and dryer, extensive storage and laundry sink.
Amenities include a 24/7 attended lobby with refrigerated storage, bike room and stroller valet. The daylit gym has state-of-the-art equipment and the rec room features a wet bar, pool table, lounge chairs and large-screen TV. A large storage room is available for purchase.
The complete offering terms are in an offering plan available from the sponsor, file #CD17-0364. Co-exclusive.
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William Raveis Mortgage, LLC
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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 | $8,680,000 | $8,680,000 | $8,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $6,746 | $6,746 | $6,746 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,284 | $53,444 | $72,080 |
Total Monthly Payment | $56,155 | $60,315 | $78,951 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.