Enjoy luxury living in Residence 5B at Place 57, the exquisitely designed modern glass tower condominium. This 1, 423 sqft home features two bedrooms, two bathrooms, a powder room, floor-to-ceiling windows, high ceilings, and hardwood floors. The living room has southern exposure. The primary and the second bedrooms face a courtyard, each with an en-suite bathroom. The primary bathroom has a deep soaking tub and a separate shower. There is a powder room by the foyer. The kitchen is fully equipped with top-of-the-line appliances, Viking refrigerator, oven, stainless steel dishwasher, and microwave. Washer and dryer in the unit that vents out. The home has been maintained well, is in excellent condition, and comes with a storage bin. 207 East 57th Street features a 24-hour doorman and concierge, and the amenities include a fitness center, playroom, resident lounge, and outdoor garden patio. It is located in Midtown East, the most convenient location in the city. Whole Foods Market is across the street, many outstanding restaurants are nearby, Central Park, the best shopping on Fifth Avenue, and public transportation (4, 5, 6, N, R, W) are just a few blocks away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,980,000
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 | $1,584,000 | $1,584,000 | $1,584,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,994 | $9,753 | $13,154 |
Total Monthly Payment | $9,119 | $9,878 | $13,279 |
* 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.