SPRAWLING ONE BEDROOM + PRIVATE OUTDOOR BALCONY
This stunning oversized one-bedroom loft at 159 Madison Ave is a perfect blend of indoor and outdoor living. Spanning an impressive 800 square feet, this move-in ready residence is designed for both comfort and style, offering soaring 9. 5-foot ceilings, elegant recessed lighting, and beautiful oak hardwood floors throughout.
The expansive 31-foot living room seamlessly connects to an east-facing terrace, ideal for enjoying the sun or hosting intimate gatherings. The updated kitchen features sleek granite countertops, a new dishwasher, and an abundance of maple cabinetry, providing both form and function.
Nestled in a historic pre-war co-op, this home offers an unparalleled lifestyle with its prime location at the crossroads of NoMad, Murray Hill, and Midtown South. The building boasts a full-time doorman, a beautifully landscaped year-round roof terrace, and laundry on every floor. Washers and dryers are allowed in the unit with board approval, and additional storage is available for rent.
With easy access to transportation (6, N, R, W, B, D, F, M, Q), Madison Square Park, top-tier dining, and fantastic shopping, this location truly has it all. The building permits co-purchasing, gifting, pied-Ã -terres, and welcomes pets with board approval. Subletting is also allowed.
Don't miss the chance to make this exceptional loft your own!
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Our Executive Mortgage Banker:
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$620,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $496,000 | $496,000 | $496,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,300 | $3,297 | $4,253 |
Total Monthly Payment | $3,392 | $3,389 | $4,345 |
* 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.