Fully renovated 3 bed, 3 bath condo with eat-in-kitchen on 78th Street and Madison Avenue!
You will love living next to Central Park, world-class museums, fine dining and amazing shopping. It is exceedingly rare to find a full-service condo so close to Central Park.
Your massive living room spans over 27 feet in length and gives you plenty of room to spread out, entertain and dine. Enjoy treetop views over tranquil 78th Street.
New eat-in-kitchen with top-of-the-line appliances including a 36" Wolf Stove with Absolute Black Granite counters and backsplash, a center island, slow closing drawers, a pantry, tons of counter space and storage is sure to please. Have breakfast in your eat-in kitchen that is flooded with light from 3 oversized East facing windows.
The corner primary bedroom has treetop views, great light, a walk-in closet, recessed lighting and an en-suite bath.
This spa-like, windowed primary bathroom has been enlarged and beautifully renovated with a sleek walk-in glass shower with rain showerhead, recessed medicine cabinet and elegant white tiling.
Spanning over 21 feet long, the massive second bedroom could also serve as the primary bedroom. Its oversized windows bring in great light and face tree-lined 78th Street.
The newly renovated second bath is also spa-like and features a 5-foot deep soaking tub with glass shower door and rain showerhead, Grohe fixtures and Porcelain tiles.
The size-able third bedroom features 3 oversized East facing windows.
Other bonuses include a fully renovated third bathroom, a large entry foyer with walk-closet, 8-inch wide plank wood flooring, organized closets, sleek radiators and recessed lighting throughout.
40 East 78th Street is a full-service condominium with 24 hour concierge, doorman, parking garage, landscaped roof deck with sweeping Central Park views, fitness center, laundry room, bike room, storage room, live-in resident manager and porters to help you in and out of the building with your belongings. The lobby was elegantly renovated recently.
Taxes can be lowered 17. 5 percent to $2, 708 per month if this is a primary residence.
Please reach out for a private showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,695,000
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 | $2,956,000 | $2,956,000 | $2,956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,553 | $18,201 | $24,547 |
Total Monthly Payment | $16,678 | $18,326 | $24,672 |
* 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.