Welcome to Plaza Unit 508, where luxury living meets expansive outdoor bliss. The standout feature of this exquisite unit is the remarkable 522-square-foot terrace, offering an unparalleled outdoor experience. Step outside onto this terrace and enter a sprawling oasis reminiscent of a French Chateau. Overlooking a serene private courtyard adorned with a majestic fountain, this terrace offers a rare retreat exclusively for residents. Unit 508 stands out as one of the elite five with this privilege, coveted for its accessibility, generous width, and the warmth of direct sunlight. Once the guest suite of the famed Astor Suite, where luminaries like JFK and royal families once resided, Unit 508 has been transformed into a masterpiece. Renowned designer S. R. Gambrel has left an indelible mark, crafting a world-class setting of unparalleled magnificence. The result is a fusion of modern sophistication and timeless allure, where inviting tones of comfort blend seamlessly with bespoke cabinetry, creating an ambiance of unrivaled elegance. Inside, 12-foot ceilings adorned with crown molding exude grandeur, while southern exposure bathes the space in natural light. Herringbone wood floors lead the way to a bespoke kitchen, adorned with Nero Marquina marble countertops, Calacatta marble tile backsplash, and top-tier appliances by Viking and Miele. Central AC, automatic shades, and a washer-dryer add convenience, completing this picture of refined living. In Plaza Unit 508, luxury isn't just a concept; it's a way of life, epitomized by a terrace that redefines outdoor living in the heart of the city. Enjoy the vibrant surroundings of The Plaza, at the heart of New York's glamour, with world-class shopping, dining, and entertainment. The nearby Fifth Avenue shopping corridor, award-winning restaurants, and proximity to renowned museums and entertainment venues make The Plaza the epicenter of luxury living in New York City.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,950,000
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 | $2,360,000 | $2,360,000 | $2,360,000 |
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 | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $2,085 | $2,085 | $2,085 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,215 | $14,340 | $19,440 |
Total Monthly Payment | $15,425 | $16,550 | $21,650 |
* 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.