A RARE unparalleled opportunity awaits to create your dream home by combining two adjacent units, each sold separately, to craft a magnificent 3-4 bedroom residence. This unique offering includes a spacious alcove studio and a large two-bedroom unit, providing the perfect canvas to design an expansive living space with endless possibilities. Imagine the potential as you bring your architect and creativity to life, merging these homes into one stunning, enormous apartment with breathtaking northern open city views. Don't miss this chance of a lifetime to create a truly one-of-a-kind masterpiece!
235 East 57th Street is a full-service and full-time doorman cooperative building located on the edge of the illustrious Sutton Place and billionaire's row of Midtown East. This postwar cooperative has a live-in super, central laundry room, newly renovated hallways and lobby, brand new elevator banks, and a tranquil private garden for building tenants only. Building policies: pet friendly, subletting allowed, pied-a-terres allowed, & 80% financing allowed.
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Located conveniently across the street from Whole Foods, along with neighborhood gems in fine dining such as Mr. Chow, Club A Steakhouse, Lavo & Tao. As for shopping - 235 E 57th is located around the block from Bloomingdales, and a few avenues east of world-renowned Tiffany's, Saks Fifth Avenue, Bergdorf Goodman, Nordstrom's, and much more. Oak & Barrel wine shop is just downstairs in the building's commercial space, and Whole Foods Market is directly across the street, as well as a Trader Joes close by! Nearby Transportation Includes: 4/5/6, E/M, N, R, Q, W, & F trains, and the cross town and uptown & downtown buses near each corner.
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All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price prior sale or lease or withdrawal without notice. All dimensions are approximate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,623,000
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 | $1,298,400 | $1,298,400 | $1,298,400 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,372 | $8,100 | $10,869 |
Total Monthly Payment | $7,497 | $8,225 | $10,994 |
* 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.