A triple mint 5th Ave. condo recently featured in the Luxe Magazine Gold List 2024 issue has 2, 793 square feet including 3 bedrooms, 3. 5 bathrooms, a media room, 2 landscaped terraces and breathtaking Central Park and reservoir views. This condo was gut renovated and completed in 2022. A bespoke eat-in kitchen features custom high gloss walnut cabinetry and Calacatta Viola marble countertops with Viking double ovens and a 6-burner cooktop. The kitchen opens to a landscaped dining terrace overlooking Central Park. The other landscaped terrace is off the den/2nd bedroom. The master bedroom has an entry hall lined with closets opening to a 10' x 10' marble master bathroom with double sinks and a large rain head shower. The unit has a new 4-zone central air conditioning, a smart Lutron home system, electronic
blinds, Venetian plaster walls, fabrics and wallpaper coverings by de Gournay and Hermes. This 5th Ave. condo offers the ultimate luxury experience with finishes that far surpass anything available in new construction. The unit is sold with a storage bin.
Building Description: 1049 Fifth Avenue is one of the 6 condominium buildings from 60-96th Street on Fifth Avenue (the rest are co-ops). It is a luxury 22-story, 53 unit pre-war building across from Central Park. It has a full-time doorman, concierge, resident manager and storage. It is conveniently located near specialty shops, fine dining, gourmet grocery stores, renowned museums, Equinox gym, subways, buses and several garages. The building is pet friendly. A 2% flip tax is paid by the buyer.
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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 | $10,800,000 | $10,800,000 | $10,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $63,026 | $69,154 | $91,868 |
Total Monthly Payment | $63,151 | $69,279 | $91,993 |
* 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.