Investors only, tenant in place. This sunny high floor spacious corner two bedroom two bathroom 1, 350sf home has been meticulously renovated to the highest standards with rich toned floors and finishes. The Orion is a luxurious full-service building located in the heart of midtown, one of the most exciting neighborhoods in the city. This G-line apartment is the most desirable line in the building. The floor to ceiling windows offer the most stunning iconic views to the south and west of the Empire State Building, the Freedom Tower, Hudson Yards, the Statue of Liberty, and the Hudson River. The custom renovation spared no expense, featuring a brand-new open kitchen with the finest quartz countertops, custom black cabinetry, and Bosch and Liebherr appliances. The primary bedroom offers an en suite windowed bath with a custom double sink and heated tile floors. The second bedroom has the same jaw dropping city and river views and the second bath also features heated floors. The apartment has dual zoned central air/heat, in unit LG washer/dryer and beautiful rich hardwood floors throughout. Additional outstanding upgrades that set this apartment apart include custom built out closets, custom wood cornices on all windows with built-in remote control LED lighting along with custom solar shades all adding comfort to this home. The Orion Condominium offers world-class services and amenities including full-time doorman and concierge, an on-site parking garage and specialty concierge services. The three-story Amenity Suite includes an 8, 200 SF fitness center, swimming pool, spa, billiards room, playroom, residents' lounge, business center, and three seperate sun decks. Close to Broadway theaters, Lincoln Center and Central Park, and the acclaimed Hudson Yards. Enjoy all of Midtown's world-renown restaurants and nightlife, as well as the extensive Hudson River Waterfront Park for relaxation and recreation. The Orion is a wonderful community, a pet friendly building. This is a great investment opportunity with a reliable tenant paying over 10K per month or the perfect pied-a-terre. Capital Assessment of $794. 74/month
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Our Executive Mortgage Banker:
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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 | $1,800,000 | $1,800,000 | $1,800,000 |
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 | $2,209 | $2,209 | $2,209 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,079 | $11,083 | $14,947 |
Total Monthly Payment | $12,413 | $13,417 | $17,281 |
* 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.