501 Third Avenue, #5G, New York (Kips Bay), NY, 10016 | $995,000

Private In-Person & Virtual Appointments Available - Immediate Occupancy This generously proportioned 605-square-foot studio boasts a thoughtfully designed layout that elevates studio living to new heights. The clever design of the studio allows for ample and graceful living and dining spaces, enhanced by floor-to-ceiling, soundproof windows that usher in a serene ambiance. Each residence features seven-inch-wide white oak plank flooring with a matte finish, satin nickel door hardware, spacious ceilings reaching eight-and-a-half feet or higher, and windows that are pre-wired for electronic shades. The kitchens are a testament to luxury and efficiency, featuring custom-designed oak cabinetry, pristine white marble countertops, and backsplashes with elegant grey veining. They are fully equipped with integrated Miele appliances, adding a touch of sophistication. The stainless-steel kitchen sink, complete with Kohler fixtures in a sleek titanium finish and an in-sink garbage disposal, reflects a commitment to quality and style. A Bosch stackable washer/dryer is included, ensuring practicality meets elegance. The primary bathrooms are a sanctuary of tranquility, clad in custom, honed Dream White marble tiles on the walls and vanity counter, and complemented by Cinderella Grey marble floors with a honed finish. The custom white oak vanity, adorned with polished chrome pulls and accents, alongside fixtures by Kohler in a vibrant titanium finish, exudes luxury. A custom mirrored medicine cabinet with an oak surround completes the exquisite design, making each residence not just a living space, but a statement of elegance and refined taste. The complete offering terms are in an offering plan available from Sponsor. File No. CD20-0130. Sponsor: COA 200 E 34th LLC. Sponsor: COA 200 E 34th LLC, c/o China Overseas America, Inc. , 1500 Broadway, Suite 2301, New York, New York 10036. Equal housing opportunity.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 31
  • Amenities: Fitness Room; Exercise Studio; Lounge; Roof Deck;
  • Rooms: 2
  • Baths: 1 full
  • Laundry: InUnit
  • Complex: Eastlight, The
  • Year Built: 2022
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH8355672
  • Days on Market: 199 days
  • Website: https://www.raveis.com
    /prop/PRCH8355672/501thirdavenue_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 CORE Group Marketing LLC

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

501 Third Avenue, #5G, New York (Kips Bay), NY, 10016

$995,000

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,457 $4,901 $6,610
Total Monthly Payment $4,549 $4,993 $6,702

* 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.