Situated on a quiet cul-de-sac among stately townhouses on an Upper West Side landmarked block sits 350 W 71st Street. Built at the turn of the 20th century, completely gut renovated and redesigned by DXA Studio in 2020, this boutique condominium, with a striking historic facade, comprises 38 elegant residences. Bright and quiet with its internally East, South, and West facing views, residence 5F is a beautifully maintained 2 bedroom/2 bathroom home. Features of this apartment include high ceilings, wide-plank white oak floors, crown molding, 2-zone central cooling and heating system, LG Washer/ Dryer, and generous storage spaces throughout. Unlike in so many other New York apartments, both the stove hood and the clothes dryer vent to the outside, allowing for low-odor cooking and quick-drying laundry. Cooking is a pleasure in the open kitchen, outfitted with custom cabinetry, Olympian Danby marble countertops and backsplashes, Miele appliances and a wine fridge. The spa like primary bathroom features a custom Italian vanity with double sink, and honed Grigio Nicola marble countertops. The heated floor is composed of honed Grigio Nicola hexagonal tile, while the walls are surfaced in honed statuary marble tile. Stylish Waterworks fixtures complete the picture. Staffed with a full-time doorperson, porter and super, the amenities at 350 West 71st Street include a landscaped rooftop terrace with a furnished dining area, gas grill, and lounge seating. The fitness center includes Peloton cycling equipment as well as cardio machines and free weights. The building also offers a children's playroom, bicycle storage, and individual storage units available for purchase. Located near shops, restaurants, transportation and parks, 350 West 71st Street is a private residential enclave just moments from the creative energy and verve of the Upper West Side. Please note - owner does not use the apartment as a primary residence so taxes are unabated. Tenants in place until October 31, 2024. Transfer fee paid by buyer Broker/Owner
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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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.125% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.951% | 6.108% | 5.805% |
Monthly Tax Payment | $1,877 | $1,877 | $1,877 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,819 | $8,610 | $11,829 |
Total Monthly Payment | $9,821 | $10,612 | $13,831 |
* 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.