Full Floor Residence with 2 Terraces Situated on a pleasant block off Park Ave South in a boutique condominium, this expansive 3-bedroom, 3-bathroom residence offers over 3, 300 square feet of interior space, multiple outdoor spaces and the comfort and privacy of a full-floor residence. As you enter into this spacious residence through private keyed elevator access, you experience the grandness of space and abundance of natural light from 6 north facing oversized windows. A well-proportioned great room provides space for multiple seating areas, separate dining room – suited for entertaining and modern living. An attached alcove with custom doors and windows is well suited for a home office placement or a den. A large chef’s kitchen features custom cabinetry with plentiful storage, deep marble island and a suite of oversize Subzero and Miele appliances. The grand scale primary bedroom is situated in a tranquil setting with access to the outdoor space as well as a custom fitted walk-in closet and an en-suite 5 fixture windowed marble bath with separate shower and soaking tub. Situated on the south side of the floor are the two additional bedrooms. The second bedroom is south facing, pin drop quiet and has an en-suite bathroom. The third bedroom includes access to outdoor space with a storage shed and 2 custom fitted walk-in closets. 122 East 25th Street condominium has a dedicated super, keyed elevator access, renovated lobby and retail spaces. Located in the heart of Flatiron, one of Downtown’s most desirable neighborhoods, you are close to the city’s best dining and shopping, near to Madison Square Park, Gramercy Park, Nomad, with easy access to all Subway lines and entertainment. There are two ongoing assessments: one for façade work, which is $475 per month until May 2033, and another for elevator modernization, which is $540 per month until 2027. Co-exclusive.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,925,000
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 | $3,140,000 | $3,140,000 | $3,140,000 |
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 | $3,808 | $3,808 | $3,808 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,829 | $19,590 | $26,286 |
Total Monthly Payment | $21,762 | $23,523 | $30,219 |
* 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.