216 E 47th Street, #23A, New York, NY, 10017 | $824,000

Welcome to The Octavia, where luxury meets convenience in the heart of Turtle Bay Manhattan. This exquisite 1-bedroom, 1. 5-bathroom condo offers an unparalleled living experience with its array of amenities and stunning city views. As you step into this meticulously designed residence, you'll be greeted by an all-white kitchen, complete with a Sub-Zero refrigerator and Bosch dishwasher. The spacious living room boasts large windows that flood the space with natural light, providing breathtaking views of the city skyline. Plenty of room for a dining area, entertaining guests will be a breeze in this elegant setting. The living room can also be divided into another bedroom, allowing for the unit to be flexed into a 2 bedroom. The Octavia ensures utmost comfort and security with its 24-hour doorman and seven full-time staff members, guaranteeing your needs are always met. A live-in superintendent adds to the convenience, ensuring any maintenance needs are promptly addressed. The modern bathrooms exude sophistication, featuring sleek finishes and beautiful fixtures. The primary suite offers a serene retreat, perfect for unwinding after a long day in the bustling city. Throughout the home, you'll find wood floors that add warmth and character, creating a welcoming atmosphere. Storage won't be an issue with ample closet space throughout the condo, allowing you to keep your belongings organized and clutter-free. Additionally, a dedicated laundry room adds to the convenience of city living. Storage locker will be available for the unit as well. Set in an elevator building, The Octavia offers a perfect blend of luxury and practicality, providing residents with the ultimate Manhattan lifestyle. With only two units on the floor, privacy and exclusivity are guaranteed, ensuring a serene and intimate living experience.

Features

  • Parking: Private
  • Heating: Electric
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Complex: The Octavia
  • Year Built: 1985
  • Common Charge: $1,677 Monthly
  • Acreage: 0.1
  • Est. Taxes: $18,260
  • View: City, Skyline, Other
  • Elem. School: Ps 116 Mary Lindley Murray
  • Middle School: Ella Baker School
  • High School: Art And Design High School
  • School District: Manhattan 2
  • Pets Allowed: No
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • MLS#: 3552419
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /prop/3552419/216e47thstreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Re/max 1st Choice   Phone: 516-888-6000

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

216 E 47th Street, #23A, New York, NY, 10017

$824,000

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 $659,200 $659,200 $659,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment $1,522 $1,522 $1,522
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,691 $4,005 $5,430
Total Monthly Payment $5,305 $5,619 $7,044

* 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.