New York (Midtown East), NY, 10022 | $90,000

Enjoy 28 luxurious days at the storied St. Regis Hotel in New York.

This fully furnished 28-DAY TIMESHARE FRACTIONAL OWNERSHIP Residence is deeded real estate, with ownership that entitles you to 28 indulgent days in a glamorous studio residence at The St. Regis each year, or you can divide your time through the Interchange Program at another participating Residence Club property, such as the St. Regis Residence Club in Aspen or the Phoenician in Scottsdale, Arizona. The designated Fixed Week for this offering is Week #36 which is September 6-13 in the current year. The Fixed Week is guaranteed, unless you choose to exchange that week in a given year.

Other usage options permit the owner to exchange 1 or 2 weeks for Marriott Bonvoy points that can be used for flights or stays at other Marriott Hotels & Resorts around the world.

The St. Regis Hotel New York sets the ultimate standard of luxury in the heart of Manhattan. Privileges of ownership include: personal butler service 24-hours a day, twice-daily maid service, state-of-the-art entertainment and communication technology, and access to all hotel amenities during your stay, as well as Platinum Elite membership in the Marriott Bonvoy program.

Fractional ownership is a real estate lifestyle that is ideal for those looking to enjoy luxury services and accommodations around the globe, without worrying about the upkeep and logistics of owning a second home outright. Opportunities like the St. Regis Residence Club provide the freedom to enjoy a luxury second home experience without the burden of whole ownership. Yet these units are deeded real estate that can be sold, gifted, or inherited.

Features

  • Town: New York
  • Heating: Central
  • Cooling: Central Air
  • Levels: 20
  • Rooms: 1
  • Baths: 1 full
  • Lot Size: 249.500000x100.420000
  • Laundry: Building Multiple Locations,Common Area
  • Year Built: 1903
  • Common Charge: $1,548 Monthly
  • Approx Sq. Feet: 445
  • Est. Taxes: $1,308
  • Pet Policy: Building No,No
  • MLS#: COMP-937687402119810
  • Days on Market: 1084 days
  • Website: https://www.raveis.com
    /prop/COMP-937687402119810/2e55thstreet_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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 Compass   Phone: (212) 913-9058

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

New York (Midtown East), NY, 10022

$90,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $72,000 $72,000 $72,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $109 $109 $109
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $479 $479 $607
Total Monthly Payment $663 $663 $791

* 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.