Enjoy all-day southern light, city views, and magnificent sunsets from this high floor, three bedroom corner residence with a full-length private terrace. Residence 1606 at the desirable 88 Lexington is a 3 bed/3. 5 bathroom sprawling across nearly 2, 000 interior square feet with a 511 square foot terrace facing south. The apartment sits on a setback floor of the historic building, enjoying ultra-high ceilings and historic detail on the balustrades of the terrace that are unmatched in other building apartments. Interiors were completed by architect/designer Workshop/APD, and exposures allow views of Madison Square Park, One World Trade, Manhattanhenge, and more. Interior details include cove and recessed overhead lighting and 8’ solid wood interior doors. The contemporary kitchen features custom cabinetry made from European oak, a polished glass composite slab countertop, an antique grey marble slab backsplash, Dornbracht fixtures, a Bertazzoni double-oven and cooktop, and a Sub-Zero refrigerator, freezer, and wine cooler with dual zones. The primary bedroom suite features three custom-built closets and a five-fixture primary bathroom. Primary bathroom details include French limestone flooring and wall tiles, travertine slab backsplash, radiant heated floors by NuHeat, and a WetStyle Cube Collection deep soaking tub. Additional bathroom details include: smoked oak vanity millwork, LED-illuminated medicine cabinet with mirror defogger, and Hansgrohe fixtures. 88 Lexington is a condominium conversion and building amenities include an atrium-lit indoor swimming pool with Jacuzzi, steam room, sauna, fitness center and exercise room, common landscaped roof deck with grill and entertaining areas, playroom, residents’ lounge with screening room, concierge and doorman, and garage.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,750,000
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 | $3,800,000 | $3,800,000 | $3,800,000 |
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 | $4,206 | $4,206 | $4,206 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,399 | $22,478 | $31,302 |
Total Monthly Payment | $24,730 | $26,809 | $35,633 |
* 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.