Mint condition, high floor, 3 bedroom, 3 bath offering stunning views of Central Park. Entering through a semi-private landing the spacious living room, library and dining rooms are perfect for entertaining and open to a deep balcony with plenty of space for a sofa and table to enjoy a morning cup of coffee or evening cocktails with the sun setting over Central Park. The eat-in kitchen is well-appointed with Miele appliances. Three oversized bedrooms and three full baths. The primary suite offers corner windows with views west over Central Park and north up Madison Avenue and a wall of closets on the way to the spa-like bathroom. The generous second bedroom has a walk-in closet and ensuite bath. The third bedroom with its wonderful views of the park is currently utilized as the owner’s art studio. 40 East 80th Street, on the corner of Madison Avenue, is a well run full-service co-op with a full-time doorman and super, storage, bike storage and a laundry room. Located in the heart of the Upper East Side with the best shops, restaurants, and museums Manhattan can offer, one block from Central Park, and close to the subway. Pets welcome, pied-a-terres permitted with board approval. 2. 5% flip tax paid by the buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,801 | $6,295 | $8,534 |
Total Monthly Payment | $5,926 | $6,420 | $8,659 |
* 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.