Superb 3-bedroom, 2-bathroom garden co-op in the premier Landmarked Elm Court! It is located on 80th street, between 34th and 35th avenues in the heart of Historic District, only 4. 5 blocks from #7 train. The Elm Court was built by the famous architect George F. Wells in 1922 as epitome of luxurious living. This well-appointed, classic 2nd floor 6-room apartment consists of the living room with wood-burning fireplace, formal dining room, 3 bedrooms, 2 bathrooms and the kitchen. It features 9 ft. ceilings, parquet floors with inlays, original moldings and plaster walls. Very airy apartment with 12 windows, many of which are oversized, and 3 serene exposures facing both 80th street and the lavish internal garden. The laundry room is in the basement, as well as a large, private storage room at no charge that comes with the unit. This is a 4 story building with an elevator opening directly into your apartment, marble staircases, only 2 apartments per floor and the magnificent internal courtyard. Maintenance $1250, 33% down, no dogs, cats ok, no smoking, live-in super. The biggest attraction in the area is the Travers park and it is located only couple of blocks away. It has a beautiful grassy hill, several playgorunds for children, a dog run, basketball, paddle ball & tennis courts courts, sitting areas. The 34th avenue is used only by pedestrians and bicycles from 69th to 94th streets. Every Sunday there's a famous Farmer's market at 79th street, that is open year-round. Combined, it creates the unique sense of community, not available in many other parts of the city.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,741 | $6,362 |
Total Monthly Payment | $4,407 | $4,833 | $6,454 |
* 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.