Welcome to 540 W 49th Street, a stunning condo situated in the heart of Manhattan! Residence 206S in the South Tower is an exquisite 1-bedroom, 1-bathroom residence spans 669 square feet and offers a sophisticated urban living experience. Step inside and be greeted by the expansive open living area, highlighted by floor-to-ceiling windows that flood the space with natural light, thanks to the southern exposure and floor-to-ceiling windows. The sleek white oak hardwood floors and recessed lighting create a warm and inviting ambiance throughout the three-room layout. The chef's open kitchen is a culinary dream, curated and imported from Italy — featuring countertop & backsplash gorgeous quartz, dark hardwood cabinetry, Bertazzoni gas range / oven, integrated dishwasher, and Libherr refrigerator The spacious primary bedroom is directly off the beautiful bath, which is ensconced in oversized Italian porcelain tile and comes replete with custom soaking tub, floating vanity, and rain-head water delivery system. Additional features include in-unit washer/dryer and individually-controlled central heating & cooling system. The intriguing and innovative interiors of 540 West 49th Street paired with its glass and steel facade position it as a modern architectural beauty in a class of its own. The dual-level lobby transitions into an open breezeway and central landscaped, 6, 000 sq ft courtyard, which possesses an outdoor cinema and a reflecting pool between the North and South towers. Amenities include a 24/7 attended lobby, residents lounge with fireplace, fitness center, two landscaped roof decks with outdoor kitchens and bicycle storage. 421A Tax Abatement will expire in July 2027.
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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 | $716,000 | $716,000 | $716,000 |
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 | $880 | $880 | $880 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,844 | $4,235 | $5,898 |
Total Monthly Payment | $4,816 | $5,207 | $6,870 |
* 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.