245 East 87th Street, New York (Upper East Side), NY, New York, property flyer

245 East 87th Street, #19A, New York (Upper East Side), NY, 10128 | $1,850,000

Have you ever walked down the streets of the city, looked up at one of the Penthouse apartments with amazing wrap-around terraces, and thought of one day living the New York dream? Well, here is your opportunity. This Residence truly is the New Yorker's dream home.

This gracious, bright, sprawling residence features three full exposures and an enormous 900 SF wrap-around terrace that is impossible to find in today's market. The layout is one of the most flexible we have seen and have approved plan to revert back to a sprawling 3 bedroom and 2 bathroom home.

Upon entering, you're greeted by a classic entry foyer welcoming you into a generous great room with a dramatic wall of windows that ushers you into a captivating 3-exposure wrap-around terrace. A bright spacious windowed dining room can be found just off of the living space. An airy Den/home office is off of the great room and can easily be converted into a third bedroom without sacrificing an ounce of comfort or living space.

The pristine galley chef's kitchen is equipped with a Viking range, Sub Zero refrigerator, travertine stone backsplash, custom cabinetry and granite countertops. It's strategically placed between the foyer and dining room, perfect for entertaining guests at a rooftop cocktail party or cooking a comforting meal done in style and grace.

Down the gallery-like hallway is the ample primary bedroom with 2 walk-in closets and a sophisticated spa-like bathroom with double sinks, a luxurious deep soaking tub, and a stall shower. The 2nd bedroom is quietly tucked away here along with the tastefully remodeled extra bathroom. Each bedroom has a private entrance onto the massive terrace.

The pi ce de r sistance of course is the majestic terrace that surrounds 3 sides of this spacious apartment and is accessible at 4 separate entry points. With deep balcony alcoves and a large sitting area, you'll be able to create wonderful unforgettable moments while taking in both serene sunrises and gorgeous sunset views of the city, east river and bridges.

The home has been completely remodeled and redesigned to feature new hardwood oak floors, the best modern conveniences such as PTAC heat and cooling with stylish covers and a combo washer and dryer in the unit. The building has solid financials, no assessments, and is pet friendly. The Mayflower is one of the most sought-after co-op buildings in all of the upper east and Yorkville area. Featuring a 24-hour doorman, live-in super, a newly renovated courtyard, a furnished roof deck complete with WIFI, a pristine lobby, recently renovated hallways and elevators, an on-site garage (availability subject to waitlist), plus bike storage. Even better the utilities, including electricity, are billed directly to shareholders using a bulk rate and included in the monthlies of this residence and included in the maintenance (Unit 19A bulk rate is $395 per month)

The upper east side and Yorkville area have been the fastest-growing and most popular Manhattan enclave and are known for incredible proximity to everything that makes New York City special. From incredible restaurants and cafes, wonderful boutiques and shopping, Whole Foods, The MET and Guggenheim, Central Park and Carl Schurz park and tons of transportation options within easy walking distance. We look forward to experiencing this special residence with you soon, please contact us directly for a private appointment viewing!

Features

Town: New York
Cooling: Unknown Type
Levels: 21
Amenities: Bike Room; Garage; Courtyard; Laundry Room; Roof Deck;
Rooms: 6
Bedrooms: 3
Baths: 2 full

Complex: Mayflower, The
Year Built: 1964
Pet Policy: Pets Allowed
Washer/Dryer Allowed: Yes
Washer / Dryer: Yes
Terrace : Yes
Building Access : Elevator

Service Level: Full Time Doorman
Doorman: Yes
LobbyAttendant: FullTime
OLR#: RPLU33422967985
Days on Market: 224 days
Website: https://www.raveis.com
/prop/RPLU33422967985/245east87thstreet_newyork_ny?source=qrflyer

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 Corcoran Group

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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
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Provides a guaranteed closing date that meets your needs
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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

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245 East 87th Street, #19A, New York (Upper East Side), NY, 10128

$1,850,000

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 Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$1,480,000	$1,480,000	$1,480,000
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	N/A	N/A	N/A
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$8,403	$9,233	$12,389
Total Monthly Payment	$8,528	$9,358	$12,514

* 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.