501 Third Avenue, #5B, New York (Kips Bay), NY, 10016 | $855,000

Private In-Person & Virtual Appointments Available - Immediate Occupancy Upon entering this charming 488-square-foot L-shaped studio residence, you are greeted by a welcoming foyer, complete with a guest closet, leading into an elegantly designed living space. The alcove in this studio offers a cherished additional area, perfectly accommodating your spatial needs. The north-facing, floor-to-ceiling, soundproof windows not only ensure tranquility but also provide a bright and delightful street view, filling the space with natural light. The convenience of modern living is embodied in the inclusion of a Bosch stackable washer and dryer, strategically placed near the stylish kitchen. This harmonious blend of functionality and elegance is a hallmark of the residence. Each home in this distinguished collection is adorned with seven-inch-wide white oak plank flooring, presenting a refined matte finish. The satin nickel door hardware adds a touch of sophistication, while spacious ceilings reaching eight-and-a-half feet or higher, create an open and airy atmosphere. The windows, thoughtfully pre-wired for electronic shades, offer both ease and a modern touch. The kitchens exhibit culinary artistry, featuring custom-designed oak cabinetry, pristine white marble countertops, and backsplashes with subtle grey veining, beautifully integrated with state-of-the-art Miele appliances. A stainless-steel sink with Kohler fixtures in a titanium finish and an in-sink garbage disposal add to the kitchen's elegance and practicality. The primary bathrooms are a study in luxury, clad in custom, honed Dream White marble tiles on the walls and vanity counter, and complemented by Cinderella Grey marble floors with a honed finish. The bespoke white oak vanity, enhanced with polished chrome pulls and accents, along with fixtures by Kohler in a vibrant titanium finish, creates an ambiance of refined luxury. A custom mirrored medicine cabinet with an oak surround completes the exquisite design of these residences, making each one not just a living space, but a statement of sophisticated and graceful living. The complete offering terms are in an offering plan available from Sponsor. File No. CD20-0130. Sponsor: COA 200 E 34th LLC. Sponsor: COA 200 E 34th LLC, c/o China Overseas America, Inc. , 1500 Broadway, Suite 2301, New York, New York 10036. Equal housing opportunity.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 31
  • Amenities: Fitness Room; Exercise Studio; Lounge; Roof Deck;
  • Rooms: 2
  • Baths: 1 full
  • Laundry: InUnit
  • Complex: Eastlight, The
  • Year Built: 2022
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH35047916
  • Days on Market: 141 days
  • Website: https://www.raveis.com
    /prop/PRCH35047916/501thirdavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of CORE Group Marketing, LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

501 Third Avenue, #5B, New York (Kips Bay), NY, 10016

$855,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $684,000 $684,000 $684,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,884 $4,212 $5,680
Total Monthly Payment $3,976 $4,304 $5,772

* 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.