Live/Work Oasis! In Hell's Kitchen's 505 West 47th Street, Penthouse 3-N is a south-facing, well-appointed, split two-bedroom, two-bathroom home with a large terrace and a 625-square-foot private rooftop with water and gas hookups. Double-pane, double-locked windows provide peace and quiet and allow plenty of natural light, with open skyline views. The flooring throughout this home is made of sustainable pressurized bamboo. The open kitchen features Calacatta marble countertops, a Bosch range, oven, and microwave, a Fisher & Paykel refrigerator, and custom cabinetry. The luxurious primary bedroom suite boasts a stylish mill and stonework. The en-suite bathroom has a lavish soaking tub, a custom double vanity, and a west-facing window for natural sunlight and fresh air. Ample storage and a GE washer/dryer complete this gracious home. 505 W 47th Street provides residents with a complete staff, including a live-in superintendent and a 24-hour doorman. Additionally, this boutique condominium boasts a greenhouse fitness center, a large planted common garden, and two furnished roof decks. At the crossroads of Hell's Kitchen, Hudson River Park, and Central Park, The 505 sits in NYC's vibrant cultural center – just moments to Broadway, Lincoln Center, and Hudson Yards. This residential neighborhood is also home to some of NYC's best dining, shopping, playgrounds, and medical facilities. The 505 is pied-a-terre, investor, and pet-friendly.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,699,000
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 | $1,359,200 | $1,359,200 | $1,359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,296 | $8,040 | $11,196 |
Total Monthly Payment | $7,421 | $8,165 | $11,321 |
* 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.