TERRACE LOVERS DREAM! Welcome home to this beautifully renovated 1 bed, 1 bath apartment in excellent condition with breathtaking views and 2 terraces overlooking the east river. The oversize windows provide streaming sunlight throughout the day while keeping the apartment extremely quiet.
As you enter the spacious foyer / living / dining space, enjoy unobstructed views of the east river and the bridges beyond.
The kitchen features custom cabinetry, honed absolute black granite, top of the line stainless appliances, a wine refrigerator and a large breakfast bar. The designer bathroom includes a glass enclosed walk-in shower and top of the line fixtures.
Built-in cabinetry, privacy glass doors and strip hardwood floors are found throughout the apartment. In addition, the closets are all custom fitted and thru wall air conditioning is available for year round comfort.
1 Gracie Terrace is located at the end of a quiet cul-de-sac on 82nd Street off East End Avenue. The beautifully landscaped Carl Schurz Park with playgrounds, sports courts, dog runs, and the fantastic East River promenade as well as Asphalt Green are all nearby.
This luxury full service cooperative has strong financials, is pet friendly and permits a pied a terre and co-purchasing. The building features a ground floor gym that is free of charge to shareholders, a courtyard seating area, bike room, garage, laundry in basement, additional building storage cages (waitlist) , recently redecorated hallways and upgrades to building elevators have been completed. A washer / dryer can be installed upon building approval.
There is a 2% flip tax paid by the buyer.
Easy access to the FDR Drive, the Second Ave Q subway, East River Ferry To 34th & Wall Street as well as many wonderful shops, gourmet food stores, & restaurants make this a truly unique property that is not to be missed.
Contact me for a showing of this very special apartment.
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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 | $676,000 | $676,000 | $676,000 |
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 | $3,838 | $4,217 | $5,659 |
Total Monthly Payment | $3,930 | $4,309 | $5,751 |
* 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.