This charming and generously sized alcove studio is ideally situated in a prestigious Upper East Side co-op with exceptional service, including a doorman. Pieds-Ã -terre are allowed. Enjoy a quiet home with north-east-facing bay windows from the sixth floor. The expansive 30' layout provides ample space for a bedroom and an alcove for a living room or home office, or it can be easily converted into a one-bedroom with a separate living and dining area. With four closets, including a spacious walk-in, you'll have plenty of storage options. The kitchen is equipped with a dishwasher and offers ample room for cooking. This oversized studio combines quiet living with flexible options for its new owner, all within a prime location close to every convenience and transportation, in a superb full-service building.
205 East 63rd Street is a full-service cooperative building with full-time doorman and live-in superintendent. Built in 1961, there are 20 floors with originally 130 apartments, many of which have been combined. There are two passenger elevators and one service elevator. All apartments have upgraded HVAC units and double pane windows that provide great insulation and tilt-in for easy cleaning. Pets and pieds-a-Terre are permitted with board approval. There is a renovated laundry room behind the lobby and washer/dryers are permitted in the apartments with board approval. A discounted rate is provided for both electricity and cable. The garage also offers a discounted monthly rate for shareholders. The coop has a land lease which expires in 2097.
$275. 25/month for facade work ending December 2024.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,569 | $1,990 |
Total Monthly Payment | $1,645 | $1,644 | $2,065 |
* 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.