Situated in the heart of Carnegie Hill, this coveted high floor apartment is on the market for the first time in several decades. Expansive and sun filled throughout, this 3-bedroom west-facing residence allows for numerous layout and renovation possibilities.
A gracious entrance foyer leads to an over-sized living room with stunning west facing views of the skyline and beautiful herringbone hardwood floors. The hallway off of the living room leads to the bedroom wing. At the end of the hallway is the master bedroom which has an en-suite bathroom and a large walk-in closet. The second bedroom is also spacious with an en-suite bath, several closets and east-facing windows. The third bedroom off of the hallway has western exposure and generous storage. Across the hallway is the windowed kitchen which has a half bath and room off of it which could be used as either a laundry room or an office.
1050 Park Avenue is a full service premier prewar coop located close to museums, shopping, restaurants, schools, and steps away from Central Park.
There is a monthly assessment of $1, 377 through December 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,064 | $8,866 | $11,958 |
Total Monthly Payment | $8,189 | $8,991 | $12,083 |
* 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.