Move right in. There is work here! Apartment 12C is a fully renovated (including electric) two-bedroom/two-bathroom home located in one of the finest, full-service prewar buildings on the Upper West Side. The natural light and skyline views make this super quiet home very special. Enjoy this expansive layout, brand new windowed kitchen, bonus room off the living room, two generous-sized bedrooms and two glorious baths.
A semi-private landing welcomes you to this approximately 1, 500 square-foot home. Enter to a generous foyer that opens to a magnificent living room/dining room complete with decorative fireplace. The kitchen has a pass-through making entertaining nice and easy. It truly is a cooks dream. Top of the line everything to include custom cabinetry, Caesarstone countertops, stainless steel GE Profile appliances and energy efficient LG washer/dryer combination unit. Every detail was well-thought out.
The primary bedroom is large and serene. Natural light pours in from two exposures. The en-suite bathroom is elegant and bright. A walk-in closet with custom Elfa storage completes this space. The second bedroom is also lovely and is complete with custom California Closet desk and Murphy Bed. The versatile design is sure to capture a positive reaction from discerning buyers. The second bathroom is completely renovated as well and timeless.
There are custom Roman shades in the bedrooms and kitchen. The apartment has wonderful hardwood floors throughout. All closets are outfitted with Elfa storage. A private storage space in the basement trades with this apartment.
Built in 1929, 118 Riverside Drive is a full service, pet friendly, white glove, pre-war cooperative with a 24-hour doorman, live-in super, central laundry, fitness center (additional fee), playroom, bike room and deeded storage. The building is conveniently located across from one of the best sections of Riverside Park and near public transportation and the best shopping and restaurants on the Upper West Side. This building has a 2% Transfer Tax. Pied-a-terre purchases considered case-by-case. If financing with a fixed rate mortgage, 70% is permitted. If financing with an ARM, 60% is permitted.
All showings are by appointment.
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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 | $1,516,000 | $1,516,000 | $1,516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,489 | $9,211 | $12,488 |
Total Monthly Payment | $8,614 | $9,336 | $12,613 |
* 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.