250 East 87th Street, #23-A, New York (Upper East Side), NY, 10128 | $1,198,000

Showing Daily…This Mint/Move-In Ready and Renovated 2 Bed/1Bath w/ Balcony, perched high above the city streets, is the Perfect Pied-a-Terre or Primary Residence in a Coop renowned for the Amenity Rich/Low Maintenance Luxury Lifestyle it affords. Graced with Brilliant Eastern & Southern Exposures, this home’s many highlights include:

. EXQUISITE VIEWS in the Living Room, Bedroom and Den framed by Double Pane Sliding Picture Windows (w/ solar shades) and CUSTOM HVAC ENCLOSURES throughout.

. An Expansive East-Facing LIVING/DINING ROOM with Adjacent BALCONY for Flexible Living, Gracious Indoor/Outdoor Entertaining and Star-Gazing.

. A South-Facing WINDOWED KITCHEN with HVAC and WINDOW SEATING offering a birds-eye VIEW down Second Avenue. A Sub-Zero Refrigerator and Miele Dishwasher, both invisibly integrated within Custom Cabinetry that is ceiling height.

. An East-Facing King Size PRIMARY BEDROOM with Custom Window Cabinetry providing Enclosed HVAC /Storage and a Custom Walk-In Closet.

. A South-Facing DEN adjacent to Living Room with French Doors, Double Windows, Cabinetry Enclosed HVAC and Custom Wall Unit that serves equally well as OFFICE, GUEST ROOM or SECOND BEDROOM.

. A CUSTOM FITTED LINEN CLOSET with countless Drawers and Shelves – situated directly opposite the Bath (with Tub).

. Two Closets upon Entry, Solid Wood Doors, Hardwood Parquet Floors, Crown Moulding and finishing touches that provide design continuity throughout further define this special home in this unique Coop…

AMENITIES: A DEEPLY DISCOUNTED GARAGE for Shareholders ($350) with direct access from building, a ROOF-TOP SUITE fully appointed with: Outdoor Adult and Kiddie POOLS, Outdoor Shower and Sundecks, an Awning for Shaded Seating, a Solarium Lounge/Party Room w/Catering Kitchen plus a GYM and two Shower/Changing Rooms. You will be spoiled by a Circular Driveway, Landscaped Garden, Bike Room, Large Inexpensive Laundry Room with 15 WASHERS and 16 DRYERS, Luggage Room, Package Room with COLD STORAGE, Bulk Rate Spectrum (FIOS also available) and Sub-metered electric.

THE NEWBURY: Recognized for its remarkable Financial Fitness and No Underlying Mortgage, this Low Maintenance Luxury Coop is the elusive needle in the haystack. It is impeccably maintained by an attentive staff of 21 led by a Resident Manager with Full-time Doormen, Concierge, Handymen and Porters. It is THE VERY ULTIMATE IN EASY LIVING snd CONVENIENCE with the Q-Line Subway across the street, the Cross-Town Bus and Limited Bus at the corner and the Lexington Ave Subway at 86th Street. The Newbury is centrally located between Central Park and Carl Schurz Park amidst countless restaurants, fitness and shopping options including: Target, Whole Foods, Fairway Market, Schaller & Weber, HMart (coming soon), Olde Brooklyn Bagel Shoppe (coming soon), Van Leeuwen Ice Cream, Anita Gelato, Eli’s, Shake Shack, Levain Bakery, Tal Bagel, Le Pain Quotidien, Green Kitchen, Elio’s, Cafe D’Alsace, San Matteo Pizza, Williamsburg Pizza, Blue Mercury, Sephora, Ulta Beauty, H&M, Equinox Fitness, OrangeTheory, Barry’s Studio, Soul Cycle, Lululemon, Athleta, Best Buy, AMC Orpheum 7 Theater, Butterfield Market and Madison Avenue’s very finest shopping venues! Pied-a-Terres permitted. Pet Friendly. Financing Max: 67%. Showings BY APPOINTMENT ONLY.

Features

  • Town: New York
  • Cooling: Through the Wall
  • Levels: 30
  • Amenities: Bike Room; Driveway; Garage; Fitness Room; Pool; Laundry Room; Lounge; Party Room; Roof Deck; Luggage Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Newbury, The
  • Year Built: 1971
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • OLR#: 793309
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/793309/250east87thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Maxwell Jacobs, Inc.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

250 East 87th Street, #23-A, New York (Upper East Side), NY, 10128

$1,198,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $958,400 $958,400 $958,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,145 $5,669 $7,895
Total Monthly Payment $5,270 $5,794 $8,020

* 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.