Prime Manhattan Opportunity: Rarely Available Convertible 2 Bedroom Corner Apartment!
Embrace the potential of urban living with this spacious, convertible 2 bedroom apartment in the heart of Midtown, next to the Billionaire Row. Situated on a high floor, this unit offers unparalleled views facing west, allowing you to enjoy stunning sunsets over the city skyline and picturesque view of the 6th avenue and the Thanksgiving Parade.
Key Features:
SIZE & POTENTIAL: Spread across a substantial layout, this apartment presents a rare opportunity to create a customized living space tailored to your vision.
RENOVATION READY: Ideal for those with a discerning eye for design, this unit is in need of a full renovation, offering a blank canvas to craft your dream home in one of the most coveted locations in New York City.
NATURAL LIGHT: With its western exposure, natural light floods the apartment throughout the day, creating a bright and airy ambiance.
LOCATION: Located in the heart of Midtown, you will be within reach of world-class dining, entertainment, and cultural experiences, ensuring you are always at the center of the action, having 5th avenue, Central Park and the Billionaire Row as your surroundings.
BUILDING AMENITIES: Residents can indulge in a range of building amenities, including 24hour Doorman and Concierge, updated Laundry in the building and expansive Roof Deck, ensuring both comfort and convenience.
Don’t miss out this rare opportunity to transform this expansive space into a bespoke Manhattan retreat. Whether you envision a sleek modern design or a classic New York aesthetic, this apartment promises a lifestyle of sophistication and urban allure.
Current Assessment of $315 ends on December 2024.
Photos are virtually staged.
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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 | $780,000 | $780,000 | $780,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,368 | $4,739 | $6,425 |
Total Monthly Payment | $4,460 | $4,831 | $6,517 |
* 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.