Prime Park Avenue offering in top prewar white-glove coop.
Sophisticated 2 bedroom, 2. 5 bath residence featuring oversized rooms, 10' ceilings, grand room scale, and excellent flow. The home consists of a beautifully proportioned, sun-filled South facing living room w/ wood burning fireplace and original mantel; luxurious primary bedroom suite with generous dressing room, walk-in & cedar closets and updated, windowed en-suite stone bath; a large 2nd bedroom/library complete with built-ins and en-suite bath. The generous entrance gallery/dining room gives flexibility and graceful entry. A delightful newly renovated, windowed kitchen with pantry, bar and laundry room with vented WD, and half bath complete the residence. The E line apartment offers superb scale, commanding nearly 2, 000 square feet with 10' ceilings throughout. Multiple generous closets and classic prewar details throughout.
480 Park Avenue is a premier cooperative residence designed by Emery Roth and is known for having one of the grandest lobbies in NYC. The building offers its residents the highest level of service including 24- hour doorman, concierge service, resident manager, fitness room, and landscaped roof deck. Pied a terre buyers are welcome and pets are considered on a case by case basis. Max 50% financing allowed. 2% flip tax, by purchaser. Storage space is available through the building at no additional cost. Electricity is included in the low monthly maintenance charge.
No weekend or evening showings.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,900,000
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 | $1,520,000 | $1,520,000 | $1,520,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,630 | $9,483 | $12,724 |
Total Monthly Payment | $8,755 | $9,608 | $12,849 |
* 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.