Welcome home! This maisonette-like prewar 2 bedroom is in a prime Upper East Side location. This fully renovated, charming 2 bedroom, 1. 5 bath is located in a 1920's landmark elevator cooperative in the heart of the Upper East Side. The apartment is classically laid out with a large living room facing South with a wood-burning fireplace, original hardwood floors, with handsome built-ins and a built-in desk. The view south has nice greenery from the ivy on the building to the south and from the buildings planted garden below. Adjacent to the living room is a formal dining room (convertible 3rd bedroom) with a powder room. The two bedrooms have nice proportions and share a windowed bathroom. The windowed kitchen and bathrooms have all been recently fully renovated.
222 East 71st Street is a quaint prewar cooperative built in 1925 by renowned architects, Treanor and Fatio. The building features a live-in superintendent who collects packages, an attractive lobby and awning outside, and individual private storage (1 per unit) and laundry in the basement. There is a 2% flip tax. 65% financing allowed. Washer dryers allowed with board approval. Pets and pied-a-terres welcome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 | $799,200 | $799,200 | $799,200 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,921 | $6,637 |
Total Monthly Payment | $4,567 | $5,013 | $6,729 |
* 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.