Welcome to 244 Madison Avenue, Unit 5H, a stylish and inviting home nestled in the vibrant heart of Manhattan, NY. This charming residence features 2 bedrooms and 1 bathroom, offering a perfect blend of modern comforts and classic appeal. Step inside to be greeted by stunning city views through the bay windows, flooding the space with natural light. The open layout, high ceilings, and parquet floors create an airy, welcoming atmosphere that's perfect for both relaxing and entertaining. The living area boasts a working fireplace for cozy nights in and elegant crown moldings that add a touch of character. The fully renovated marble bathroom with granite finishes exudes luxury and sophistication. This building offers a host of amenities, including a full-time doorman, a common roof deck, a resident's lounge, and a media/recreation room for leisure and socializing. Unlimited subletting is allowed after 2 years of residency! Additional features include central AC, an intercom system, and the option for a washer-dryer with board approval. The electric fireplace adds warmth and ambiance, making it a perfect spot to unwind after a long day. Located in a high-rise building, this home offers breathtaking southern, and eastern exposures, providing a mesmerizing view of the city skyline. Don't miss out on the chance to call this delightful residence your own, offering a perfect combination of comfort and style in the heart of Manhattan.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 | $679,200 | $679,200 | $679,200 |
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 | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,856 | $4,182 | $5,640 |
Total Monthly Payment | $3,948 | $4,274 | $5,732 |
* 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.