Bring your architect to this rare and special one (1) bedroom home in this boutique pre-war (1910) townhouse cooperative apartment in estate condition. Located on a beautiful tree-lined street between Lexington and Third Avenues overlooking stately carriage houses, this ideal pied a terre or full-time residence combines the elegance and old world charm of townhouse living with the conveniences and community offered by a cooperative. Upon entering the apartment, one is immediately struck by the soaring 10’9 ceilings and tremendous light flooding in from the three oversized windows in the south-facing living room. With its impressive grand proportions, working wood burning fireplace and built-in bookshelves, the living room is perfect for entertaining or quiet enjoyment. Off the entrance gallery there is a kitchen, a large closet that could house a washer/dryer with board approval, and a long hallway leading to the bedroom. The bedroom is extremely large, quiet, has abundant closet space and overlooks the building’s beautifully landscaped garden. 157 East 75th Street does not have a doorman but does have a live-in resident manager who receives packages, an elevator, a laundry room in the basement, and a large planted garden for residents’ use. With some TLC this could be a magnificent home in the best location on the Upper East Side, just moments from Orsay, William Poll, JG Melon's, and Citarella. Pets and pied a terre allowed. Up to 50% financing allowed. 1% flip tax paid by the purchaser. A storage closet trades with the apartment. 1% flip tax paid by buyer. Some photos have been virtually staged.
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William Raveis Real Estate
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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 | $740,000 | $740,000 | $740,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,144 | $4,556 | $6,145 |
Total Monthly Payment | $4,236 | $4,648 | $6,237 |
* 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.