Located in one of the upper East Side’s most desirable buildings designed by Rosario Candela and completed in 1928, this beautifully proportioned one bedroom apartment has an elegant south-facing living room with Louis XVI style white marble fireplace, fitted bookshelves, and two very large windows overlooking scenic townhouses on 77th Street. One enters the apartment through a foyer, fitted with beautiful mahogany doors and a dry bar, that serves as the core of the residence. To the south, is the living room; to the west is a private hallway leading to the bathroom and the bedroom, fitted with customized closets and cupboards, facing a large, open, neatly-maintained courtyard. The adjacent kitchen has a window and room for a table and three chairs. There is thru-wall air conditioning. The property is in original condition. Offered with apartment 3B is an outside maid’s room, SVT-11. It is conveniently located on the same floor of the building and currently serves as an office with built-in desk as well as a laundry with sink and washer/dryer behind louvered doors. 3 East 77th Street, part of 960 Fifth Avenue, is one of a small number of upper East Side coops that offer in-house food service, for an annual fee of $5520. The building has a spectacular penthouse gym, allows pied a terres, and is pet friendly. This apartment comes with a storage unit in the basement. There are no summer work rules and financing is not permitted. 2% flip tax paid by buyer
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William Raveis Real Estate
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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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,987 | $6,574 | $8,776 |
Total Monthly Payment | $6,112 | $6,699 | $8,901 |
* 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.