Tenant in place, need notice to show
Coop with Condo Rules
Residence Three at 1228 Madison Avenue is a 3, 136 square foot, 4-bedroom, 3. 5-bathroom home with gracious proportions throughout. A private elevator vestibule leads into the unit, with custom stained white oak chevron flooring throughout the living spaces. The oversized living room is positioned overlooking Madison Avenue, allowing for a truly grand living/dining experience. Accessible via custom pocket doors, the eat-in kitchen, crafted by Molteni, features matte white lacquer cabinetry with white oak detailing, honed Calacatta Estremoz countertops and backsplash, and seating at a built-in breakfast counter. A suite of appliances by Lacanche, Sub-Zero, Wolf, and Miele complete the space.
The primary bedroom suite is lavishly appointment with two walk-in closets leading to a windowed primary bathroom finished in slabs of Bianco Oro marble and including a soaking tub, oversized shower, separate water closet, custom designed lighting by Kelly Behun, nickel fixtures from Waterworks and radiant heated floors.
Two secondary bedrooms share an oversized en-suite bath with Calacatta marble finishes, Waterworks fixtures, and a soaking tub. A fourth bedroom or library includes an en-suite bathroom and views over Madison Avenue. The home's powder room is wrapped in honed Italian Burlesque marble with a matching marble sink, countertop and apron. Natural brass mirror trim and pendant lighting completes the unique design.
Completing the unit are a laundry room with side-by-side washer / dryer and custom cabinetry, a separate refuse room, and a storage unit located in the building's lower level.
1228 Madison Avenue is a boutique 13-unit cooperative with condominium rules, crafted by the artisans at Robert A. M. Stern Architects and Kelly Behun Studio. These finely-detailed residences offer uncompromising levels of quality and design conceptualized and executed by two powerhouse names on Architectural Digest's famed AD100 list.
Amenities include a full-time doorman and concierge, fitness center and training studio complete with the latest Technogym equipment, package room, private storage for each residence, and bike storage.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,350,000
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 | $5,080,000 | $5,080,000 | $5,080,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,447 | $31,278 | $42,185 |
Total Monthly Payment | $28,572 | $31,403 | $42,310 |
* 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.