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508 East 78th Street, #3B, New York (Upper East Side), NY, 10075 | $875,000
New to Market. Move right into this rarely available, Gut Renovated, large flowing two bedroom, one bath at the magnificent Cherokee. A glorious pre-war Beaux Arts landmark building on the Upper East Side. This gorgeous building exudes old world charm and is infused with an elegant European Ambiance.
Perched on the 3rd floor (non-elevator) this beautiful apartment boasts high ceilings, three magnificent balconies with partial views of the east river and over sized Floor-to-Ceiling Windows. The apartment receives incredible light from it's floor to ceiling triple sash windows that open directly onto three spacious balconies. The windowed kitchen features top-of-the-line appliances and seamless granite countertops. The primary bedroom is spacious and sun drenched with it's own private balcony. Enjoy the trees the breeze and your beautiful balconies whilst sipping on a luscious latte and escape the stresses of the day.
Attractive for investors as a rental income, or as your perfect Upper East Side First Home.
The Cherokee features a live-in super, video intercom system, overnight security, bicycle room, central storage room, a landscaped courtyard, and a new laundry room. Utilities: gas & electric, heat and hot water are included in the maintenance. Pied a terres, Investors, Parents buying, co-purchasers and guarantors are all permitted. Pets are most welcome!! Steps away from John Jay Park and the East River promenade makes this apartment a must have.
The Upper East Side has a burgeoning restaurant scene with numerous dining options ranging from Quality Eats, Uva wine bar, Penrose and newcomers Thep and Mission Ceviche which are really thriving. Boutique gourmet food store options include Citarella, Agata & Valentina and the newly renovated Gracie's that added a wine bar. On a larger scale, Whole Foods and Fairway are only blocks away. Orwasher's Bakery (voted the #1 baguette by Time Out NY) is just around the corner and has been baking the classic black-and-white cookie since 1916 - soft and pillowy with a touch of lemon zest! But our all-time favourite is the scrumptious Cacio and Pepe, an authentic Italian restaurant serving the most mouthwatering dishes. And why not try the fabulous Pink Berry for dessert.
THERE IS A TENANT IN PLACE UNTIL APRIL 1, 2025
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 6
- Amenities: Bike Room; Courtyard; Laundry Room; Common Storage For A Fee;
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full
- Complex: Cherokee, The
- Year Built: 1912
- Pet Policy: Pets Allowed
- Balcony: Yes
- Building Access : Walk-up
- Service Level: Video Intercom
- LobbyAttendant: No
- OLR#: RPLU33423202917
- Days on Market: 63 days
- Website: https://www.raveis.com
/prop/RPLU33423202917/508east78thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Corcoran Group
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888.699.8876
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
508 East 78th Street, #3B, New York (Upper East Side), NY, 10075
$875,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $700,000 | $700,000 | $700,000 |
| 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 | $3,975 | $4,367 | $5,860 |
| Total Monthly Payment | $4,067 | $4,459 | $5,952 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535