251 W 98th Street, #1D, New York, NY, 10025 | $575,000

Conveniently located between Broadway and West End Ave lies the Andrew Condominium, a prewar gem in the Upper West Side. This generous alcove studio, easily convertible to a 1 bedroom, offers high ceilings, beautiful hardwood floors, newly installed split air conditioning unit, and a quiet exposure throughout. It includes a sizable sleeping area with a north facing window. This home also includes a large, separate, full sized windowed kitchen with dishwasher and a classic windowed bath. Nestled between Central Park and Riverside Park in a street with beautiful architecture, close to the express 1 2 3 trains, The Andrew Condominium is a low fee, well-managed condominium, in good financial condition. The building features an elevator, video intercom, full-time super, storage space, bike storage, laundry room and courtyard. Easy approval process. Co-purchasing, gifting, guarantors, parents buying for children, and pied-a-terres are permitted. Pet-friendly as well. With low common charges and real estate taxes, this presents an opportunity to own for the cost of renting and invest in one of the most prestigious neighborhoods in New York.

Features

  • Heating: Natural Gas, Baseboard
  • Cooling: Window Unit(s)
  • Rooms: 2
  • Baths: 1 full
  • Complex: Andrew Condominium Assoc
  • Year Built: 1920
  • Approx Sq. Feet: 435
  • Est. Taxes: $300
  • Pet Policy: Dogs OK
  • MLS#: H6299400
  • Days on Market: 83 days
  • Website: https://www.raveis.com
    /prop/H6299400/251w98thstreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Real Broker NY LLC   Phone: 855-450-0442

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

251 W 98th Street, #1D, New York, NY, 10025

$575,000

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 $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.841% 7.159% 6.518%
Monthly Tax Payment $25 $25 $25
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,060 $3,057 $3,944
Total Monthly Payment $3,177 $3,174 $4,061

* 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.