420 Central Park West, #4F, New York (Central Park West), NY, 10025 | $585,000

Large Alcove Studio Across from Central Park - Perfect for Your New Home, a Pied-à-Terre or Investment

Step into serenity with this spacious, sunny alcove studio, perfectly situated across the street from the iconic Central Park. This tranquil condo offers an ideal blend of comfort and convenience, with the potential to easily convert into a one-bedroom residence.
Key Features:

  • Extremely Quiet and Sunlit: Enjoy the peaceful ambiance and abundant natural light that floods this spacious studio.
  • Spacious and Versatile: Easily convert the alcove studio into a one-bedroom for added privacy and flexibility.
  • High Ceilings & Pre-War Details: There are elegant ceiling and floor moldings, as well as the classic arches that highlight the building's historical charm.
  • Original Hardwood Floors: Beautifully maintained and adding warmth to the space.
  • Renovated Kitchen and Bathroom: Enjoy the luxury of a beautifully updated kitchen and bathroom, complete with a window that invites natural light and fresh air.
  • Large Dressing Area: Ample space to organize your towels, linens, and personal items.
  • Extra Large Closets: Plenty of storage to keep your living space uncluttered.
  • Prime Location: Conveniently located with the B and C subway station just a block away and a Citibike station right outside the building.
  • Building: 24-hr doorman, live-in super, laundry, bike room and private storage. Recently renovated lobby and elevator. Close to all the best shopping including Whole Foods, Starbucks, and Target. Pets are welcome. Special assessment $47. 95/month until 12/2024.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Laundry Room; Common Storage;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Jadam, The
  • Year Built: 1938
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU33423163235
  • Days on Market: 94 days
  • Website: https://www.raveis.com
    /prop/RPLU33423163235/420centralparkwest_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 Corcoran Group

William Raveis Family of Services

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888.699.8876

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

420 Central Park West, #4F, New York (Central Park West), NY, 10025

$585,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $468,000 $468,000 $468,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.055% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,114 $3,074 $3,947
Total Monthly Payment $3,206 $3,166 $4,039

* 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.