Warm and welcoming one-bedroom residence with a private balcony situated on a prime Upper West Side block. This charming south-facing apartment features a sizable entryway, a renovated pass-through kitchen with a dishwasher, a sunken living room large enough to accommodate a dining area, an updated bathroom, a queen-sized bedroom, and three generous closets. Wake up with your morning coffee or unwind with a glass of wine while relaxing on your private balcony with tree-top views. Enjoy refinished hardwood floors, wall-thru air conditioning, and all-day natural light. This move-in-ready oasis is the ideal home for anyone looking to live within a tight-knit community in an unbeatable location. 131 West 85th Street is a boutique coop with an elevator, video intercom system, central laundry, and an attentive super. Just a little over a block from Central Park, you’re surrounded by multiple transportation options and an array of restaurants, shops, museums, grocery stores, and all that makes this neighborhood so coveted. Pet-friendly, subletting allowed with board approval, and co-purchases considered. Parents buying for children is not permitted. Photos are virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,280 | $3,277 | $4,201 |
* 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.