Spectacular views dominate every room of this spacious 42nd floor luxury home. Walls of windows capture the mesmerizing activity of all varieties of water going vessels on the East River as well as beautiful city skyline views south and west. At approximately 1800 sq. ft. with nine ft. ceilings there is a grandeur to this 2 bedroom 2. 5 bath home in The Sovereign. The gracious entry opens to a large south facing living room with a south and west facing dining area. Adjacent to the living room is the second bedroom which currently has French Doors opening to the rooms. The primary bedroom has abundant closet space. There are two ensuite marble baths plus a powder room. The large windowed kitchen has a separate laundry area and service entrance for deliveries from a manned elevator.
The Sovereign is a world-class cooperative building designed by Emery Roth Sons. Building staff includes doorman, concierge, on-site management, and valet parking in the 24-hour garage equipped with Tesla chargers. Amenities include an elegant lobby, a state-of-the-art windowed gym, and manicured gardens surrounding the building. Up to two dogs are permitted, and trusts, and LLC purchases are allowed with board approval.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,374 | $9,228 | $12,850 |
Total Monthly Payment | $8,499 | $9,353 | $12,975 |
* 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.