MOVE-IN READY CARPENTER SUPER 8!
This thoughtfully renovated 4 bedroom apartment retains all of the original charm of famed architect J. E. R. Carpenter's 1920s design with its high beamed ceilings, original Herringbone wood flooring, moldings, wood-burning fireplace, enormous rooms and large windows, but is offered with all of the modern luxuries that meet high standards. Such modern upgrades include a renovated eat-in kitchen, a sound system, home office, vented washer/dryer, through the wall air conditioning, stripped and hand-waxed original ash wood doors, and stunning extra wide new Marvin 6x6/8x8 paned windows.
With only two apartments per floor (and a handsome vestibule at that), you enter the foyer and are immediately captivated by the warmth of the apartment despite the enormous room proportions. The oversized living room faces North onto 98thstreet where you can see Central Park's rolling East Meadow. Through French doors, the formal dining room has been cleverly converted into a library/den with elegant custom book shelves hiding a comprehensive home entertainment system including a high definition projector, power retracting projection screen, and ultimate surround sound. Streammovies, watch sports, or just dial flip in your own personal theater!
The primary bedroom features an excellent Northern exposure, a windowed bathroom ensuite, and the best walk-in closet. . . one that appears to go on and on. The second and third bedrooms are located off their own separate hallway, are calm and quiet with good light and a shared bathroom in between. Both rooms have been freshly painted to perfection.
The super sunny kitchen is perfect for any home cook. Appliances include a Subzero refrigerator, a Thermador dishwasher, and a Wolf stove. In addition, this large eat-in kitchen boasts a built-in banquette for casual dining and the butler's pantry offers more storage and a Marvel wine fridge. Finally, the two original maids rooms have been converted into a home office and laundry room (with a vented dryer) and a full third renovated windowed bathroom in between. The bonus is that a new buyer can keep a home office plus the fourth smaller bedroom.
Built in 1926, 1165 Fifth Avenue is one of Carnegie Hill's most coveted white glove prewar cooperatives on Fifth Avenue, offering a 24-hour doorman, a live in resident manager, a gym, a central laundry room, included storage for each apartment, and a dedicated bicycle room. Pets are welcome. There is a 2% flip tax and 50% financing is allowed.
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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 | $2,556,000 | $2,556,000 | $2,556,000 |
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 | $13,721 | $15,120 | $21,055 |
Total Monthly Payment | $13,846 | $15,245 | $21,180 |
* 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.