ABUNDANT LIGHT AND PRE-WAR CHARM IN A PRIME LOCATION This two-bedroom home radiates elegance and timeless charm within one of the most coveted buildings on the Upper East Side and is ready to be made your own. Abundant natural light pours into every room, with captivating southern views of the city from the living area, kitchen, and bedrooms. Ample storage space and elegant hardwood floors are found throughout. The sun-drenched living area is adorned with a wood-burning fireplace, beamed ceilings, and open views. The windowed kitchen connects to the adjacent dining area, creating the perfect space for hosting intimate gatherings. The well-proportioned primary bedroom offers tranquility and comfort, featuring an en-suite bath with natural light pouring through its windows and two ample closets. The second generously sized bedroom boasts an en-suite bath and an abundance of sunlight. Constructed in 1915 and masterfully designed by Schwartz & Gross, 156 East 79th Street stands as a distinguished pre-war co-op on the Upper East Side, offering residents a full-time doorman, a live-in resident manager, a bicycle room, a laundry facility, basement storage, and sensible regulations. The meticulously renovated lobby and elevator pay homage to the building's pre-war heritage. Ideally situated in the heart of the Upper East Side, residents enjoy proximity to Central Park, museums, dining establishments, specialty food markets, and public and private schools. With convenient access to major transportation hubs, this home caters to a seamless city lifestyle. The building is pet friendly. Prospective buyers have the opportunity for up to 60% financing. The rooms in this apartment have been virtually staged. Photos shown are for representation only. (Capital assessment of $603. 84/mo. + Assessment of $382. 71 per month) (Gifting, guarantors, and co-purchases permitted case by case; Pieds--terres not welcome; Washer/Dryer and expanded kitchen/baths permitted with Board approval) ***
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Our Executive Mortgage Banker:
Our Insurance Division:
$980,000
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 | $784,000 | $784,000 | $784,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,638 | $4,955 | $6,722 |
Total Monthly Payment | $4,730 | $5,047 | $6,814 |
* 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.