Meticulously crafted to the most exacting standards, apartment 6F at 33 East 70th Street was gut renovated to create a thoroughly current and contemporary take on a storied pre-war Upper East Side cooperative. This home retains all of the classic proportions and touches that make these residences so incredibly special, while adapting itself perfectly to how we live today. Enter via a semi-private elevator landing shared only with one other apartment into a millwork-wrapped entry gallery with concealed shoe storage. The south-facing living room is bathed in light and features dark-stained herringbone oak hardwood floors, a wood-burning fireplace with marble fireplace mantel and black granite hearth, beamed ceilings, and large windows. Steel and glass sliding casement doors connect to the formal dining room, graciously proportioned and overlooking the tranquil townhouse block of East 70th Street. An oversized gallery leads directly into the chef’s kitchen, complete with a top suite of appliances by Gaggenau, Wolf, and Sub-Zero, stainless steel island, externally vented range hood, dual dishwashers, wine refrigeration, full-height marble slab backsplash, and oversized pantry space. The kitchen and its informal breakfast room is open to an oversized family room with pocket doors that can be closed for privacy – perfect for today’s lifestyle. There is also a south-facing study with an en-suite bath and a wall of built-in bookcases, which can easily be used as an additional bedroom suite. The private quarters are completely separate from the rest of the apartment, ensuring the maximum amount of privacy. Currently configured as a primary suite, en-suite guest bedroom, and a double-wide bedroom with en-suite bath and a recreation/play area, the layout can be very easily adapted to create four bedrooms (one with a Jack and Jill bath) as shown in the attached alternate floor plan. The primary bedroom suite boasts two walk-in closets, a wall of additional storage concealed behind beautiful millwork, and an en-suite primary bathroom wrapped in slabs of Olympic Grey marble. Additional features of this special residence include a dedicated staff wing with fully-outfitted laundry room, storage/work area, and full bath, ample built-in storage and closets throughout, as well as multi-zone central AC. Located on the most sought-after stretch of Madison Avenue, 33 East 70th Street is a premier white-glove cooperative built in 1928 by Schwartz & Gross with 44 apartments. Residents are attended to by staff including a 24-hour doorman, porters, and a live-in superintendent. Additional offerings include a newly renovated lobby and fitness center, private storage, bike storage, and in-building laundry. The building is pet-friendly and allows 50% financing. 2% flip tax, paid by buyer.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $10,200,000 | $10,200,000 | $10,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $57,914 | $63,635 | $85,386 |
Total Monthly Payment | $58,039 | $63,760 | $85,511 |
* 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.