Prime Fifth Avenue. Beautifully laid out, regal and oversized one-bedroom residence in a prime location, within a Fifth Avenue white-glove prewar cooperative. Pin-drop quiet and flooded with light, this elegant home welcomes you with a formal entry foyer with abundant storage leading to a gracious and sun-flooded living room with Eastern and Northern exposure. Off the living room is a separate dining, sitting room, nursery or home office, rare in a one-bedroom home. The renovated kitchen is a chef's dream, boasting sleek countertops, stainless steel appliances, and ample cabinet space. The hardwood floors add warmth and elegance throughout the residence. The bedroom features an eastern exposure and a walk-in closet, providing plenty of storage space. The bathroom is tastefully appointed with modern fixtures and finishes. Superbly located on the corner of Fifth Avenue and 74th Street, this classically designed Emory Roth building boasts an architecturally spectacular lobby and offers its residents full-time doormen, full-time elevator attendants, a live-in resident manager, a brand new state-of-the-art fitness facility, private storage and central laundry. Directly across from Central Park and amidst the city’s best museums and finest restaurants and shopping, this location is unparalleled. A perfect primary or secondary residence, pieds-a-terre and international purchases are welcomed. Unfortunately, pets are not. 3% building flip tax payable by seller. Excellent building financials and very low maintenance which includes gas and electricity. 33% financing is permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $5,349 | $5,865 | $7,826 |
* 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.