This gracious and thoughtfully laid out 8-room residence offers unparalleled value rarely found in the highly coveted Lenox Hill neighborhood of Manhattan's Upper East Side. Featuring original prewar details throughout including high beamed ceilings, crown moldings, oversized picture windows, beautifully preserved hardwood floors and most notably four wood burning fireplaces this apartment is truly a rare commodity on the market today.
Entering through an elegant Foyer with an accompanying Powder Room, one passes through to a grandly proportioned Living & Dining Room with sunny South & West exposures anchored by a wood burning fireplace flanked by custom shelving. The Great Room opens into a Library, which in earlier iterations served as a Formal Dining Room, featuring yet another wood burning fireplace and extensive shelving throughout. From the entertaining wing of the apartment, one accesses the bedroom wing through a long hallway separating the Primary Suite from the secondary Bedrooms lined with extensive closets and built in-storage.
The Primary Suite is truly one of the apartment's standout features, which could be described as an apartment unto itself within this spacious home. With an oversized Bedroom and the home's third wood burning fireplace, it truly is a cozy sanctuary. Within the Primary Suite is a Home Office leading to a large custom-outfitted Dressing Room and a luxurious marble clad European Bathroom with a deep soaking tub. From the Bedroom Wing's hallway are two further Bedrooms with a shared Bathroom. One of these two bedrooms includes the apartment's fourth wood burning fireplace and each room is outfitted with custom built-in cabinetry, workspaces and storage.
The apartment's service wing, which can be entered both from the Foyer and bedroom wing, includes a massive Eat-In-Chef's Kitchen, Pantry, Mud Room, Laundry Room as well as Fourth Bedroom and a full Bathroom. With abundant storage options, this truly is an exceptional space affording countless opportunities.
Built in 1907, 901 Lexington Avenue was designed by esteemed architect George Mort Pollard. With just two apartments per floor, this 17 unit Cooperative is staffed with a 24-hour Door/ Elevator Attendant as well as a Resident Superintendent. There is a Bike Room, Gym and Private Storage allocated to the apartment as well as a common Laundry Room supplementing the apartment's own in-unit laundry. Located only a stone's throw from Central Park and some of the city's finest dining and shopping, it also affords exceptionally convenient proximity to both the 6 subway line and crosstown transportation. Additionally the building is pet friendly. 50% financing is permitted. A "Flip Tax" of 3% is paid by the purchaser.
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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 | $2,156,000 | $2,156,000 | $2,156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,073 | $13,100 | $17,760 |
Total Monthly Payment | $12,198 | $13,225 | $17,885 |
* 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.