57TH ST & PARK AVE Old world elegance is trumpeted when you walk into The Dorchester, one of Midtown Manhattan’s most prestigious buildings. The spacious studio apartment, itself, is a gem. When you arrive, the cheerful entry way greets you with a resounding "welcome home” feeling. To the left, a fully renovated and fully equipped kitchen with gas stove. To the right, a beautifully renovated bathroom with full bath.
The apartment features high ceilings, gorgeous moldings on walnut paneling throughout, abundant closets and seemingly endless shelf space. And with the flick of a hidden switch, a soothing light floods the room that blends perfectly with the invitingly quiet atmosphere. The new sofa opens up to a very comfortable queen-size bed and is perfect for a guest or for the main bed.
The Dorchester is synonymous with quality and charm and the framed Hermes scarf in the lobby and the plush, carpeted hallways attest to that. Steps away from the building, you’ll find Starbucks, Bloomingdales and some of Manhattan’s finest restaurants. The building boasts 24-hour doorman service & concierge service, GYM, laundry room, access to parking and available Verizon Fios Internet. Both The Dorchester and this apartment are an oasis; a warm place to call home.
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,560 | $2,560 | $2,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $17 | $17 | $22 |
Total Monthly Payment | $92 | $92 | $97 |
* 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.