Enter this beautifully restored parlor-floor studio in a stately pre-war townhouse at 1388 Lexington Avenue. Featuring 13-foot ceilings, intricate period details, and a wood-burning fireplace, this apartment exudes timeless charm. The bay window floods the space with natural light, offering serene views of a massive, private 900 sq. ft. garden with a majestic maple tree. The living area includes a lofted space for sleeping or storage, an updated kitchen, and French doors that open onto a private deck with wrought-iron railings.
This pin-drop quiet apartment is perfect for those seeking a village-like lifestyle while remaining in the heart of the Upper East Side. The western-facing garden offers a rare connection to nature, and the apartment's alcove provides a cozy nook for a bedroom or Murphy bed (currently there is a loft bedroom). The home is pet-friendly, allows pied-à-terres, and has a flexible co-op board, welcoming parents buying for children and co-purchasers. Located across from the 92nd Street YMCA and steps from Central Park, the apartment offers convenient access to shopping, dining, and major transportation routes.
A unique opportunity to own a historic gem in one of NYC’s prime neighborhoods!
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Our Executive Mortgage Banker:
Our Insurance Division:
$890,000
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 | $712,000 | $712,000 | $712,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,043 | $4,442 | $5,960 |
Total Monthly Payment | $4,135 | $4,534 | $6,052 |
* 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.