Apartment 2F at 507 East 80th Street is a light-filled south-facing home (HUGE at nearly 900 square feet) in an intimate 16-unit condominium located on a quiet and leafy block between York and East End Avenues. If space is an important criterion, apartment 2F is MUCH larger than the average sized one-bedroom condo, especially at this price point. Apartment 2F also boasts a 4' x 12' terrace - perfect for relaxing or outdoor dining on a beautiful day.
The pristine bamboo hardwood floors were installed in 2015. The tastefully designed open kitchen, renovated in2022, boasts top-of-the-line Calcutta counter tops and beautiful GE Cafe Appliances, including: gas oven, microwave, dishwasher and refrigerator. There are 4 generous closets, one with a stackable Miele Washer/Dryer. The enormous 20'4" x 10'10" bedroom has ample space for both a king-sized bed and a home office. If desired, a second bedroom could be carved out of the oversized living room without encroaching significantly on the overall space. The marble bathroom contains a Jacuzzi tub with jets.
507 East 80th Street is also pet-friendly (maximum of 2 per unit) and basement shelf communal storage conveys with each apartment. The building is convenient to the 2nd Avenue subway, Carl Schurz Park, Asphalt Green, the wonderful East River esplanade, along with an abundance of restaurants, shops, services, and schools. NOTE: there are 6 steps to the front door of the building from the sidewalk level. A one-time transfer fee of $3, 000 is paid by purchasers. There is a $305. 81/mo. capital assessment until Dec. 31, 2025.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $638,400 | $638,400 | $638,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,355 | $4,243 | $5,384 |
Total Monthly Payment | $4,447 | $4,335 | $5,476 |
* 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.