Welcome to your new home! Nestled within a prestigious full-service luxury co-op building in the vibrant heart of the Upper East Side, this alcove studio offers a perfect blend of comfort and convenience. Step into a generously proportioned open floor plan flooded with eastern sunlight, accentuating the space's warmth and charm. You'll appreciate the ample storage space provided by four spacious closets, ensuring a clutter-free living environment. One of the standout features of this residence is the convenience of having a washer and dryer permitted within the unit, with coop board approval, offering unparalleled convenience and efficiency. Residents of this luxury cooperative enjoy the epitome of upscale living, with a 24-hour doorman/concierge providing white-glove service, a beautifully renovated modern lobby, and recently upgraded exterior facade and elevators. Situated on a tranquil tree-lined street in the Upper East Side, the building boasts an enviable location just 1. 5 blocks from all major subway lines. Enjoy easy access to renowned landmarks such as Bloomingdale’s, the Regency Hotel, and Central Park, all within a short stroll from your doorstep. Indulge in New York City's finest dining, premier shopping, and cultural attractions, all conveniently located just steps away. Don't miss out on the opportunity to make this luxurious sanctuary your own, offering unparalleled comfort, convenience, and style in one of Manhattan's most sought-after neighborhoods. 166 East 61st Street is a full-service cooperative featuring 24 24-hour doorman, Laundry Room, Bike Room, and storage. The building allows for Pied-a-terre, guarantors, gifting, and subletting after 2 years of residency are allowed. 75% financing is permitted. The building is pet-friendly. Washers/ dryers allowed with board approval.
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$515,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $412,000 | $412,000 | $412,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,604 | $2,601 | $3,364 |
Total Monthly Payment | $2,696 | $2,693 | $3,456 |
* 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.