Presenting a move-in ready, renovated, bright and spacious home at The Majestic, one of the finest pre-war co-ops on Central Park West. Created by combining two separate apartments, 18JK is currently configured with three bedrooms, three full baths and two powder rooms, an office and a large flexible sitting room that can be converted to a fourth bedroom. Two terraces offer stunning North-facing views overlooking the iconic Dakota and Central Park. A private elevator landing is unique to this apartment. Wood and glass doors unify the spaces, allowing for extra light and excellent flow. Exquisite pre-war details, original black walnut parquet floors and deco crown moldings, compliment modern additions such as recessed lighting and custom built in cabinetry. 18JK has a sizeable primary suite with ancillary areas that can serve multiple functions from exercise location, breakfast room, work space, studio and media room. Additional features include central AC, full size washer/dryer, and ample closets throughout. Residents of the full service Majestic enjoy superb amenities, including 24/7 full time doorman and attended elevator staff, a newly expanded and renovated gym, a landscaped outdoor garden, rooftop solarium and terrace, bike rooms, playroom and laundry room, on-site management and live-in resident manager. Pets are welcome, 50% financing permitted, purchaser pays 2% flip tax. *24 Hour Notice for Showings.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,500,000
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 | $6,800,000 | $6,800,000 | $6,800,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,078 | $41,869 | $56,468 |
Total Monthly Payment | $38,203 | $41,994 | $56,593 |
* 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.