Move right in to this mint condition approx. 2, 000sqft Classic 6 apartment in one of the Upper East Side's most sought after pre-war coops. There are 2 bedrooms and 2 bathrooms as well as a large office/staff room with a half bathroom. Enter from a semi-private landing into a gracious foyer that opens up to the beautifully proportioned living room with 9 1/2 ft ceilings, wonderful built-ins and over-sized windows overlooking Madison Avenue. The large dining room has coffered ceilings and is perfect for entertaining. The eat-in, windowed chef's kitchen has been meticulously renovated and includes top-of-the line appliances, including a wine fridge, and ample storage and counter space. The corner primary bedroom is light flooded and has an ensuite bathroom and a large walk-in closet. The bright 2nd bedroom also has built-in bookshelves and an over-sized window. The apartment also includes a full-sized washer and vented dryer, a pantry, plenty of closet space, 2 zone central air conditioning, and it comes with a storage unit in the basement. Built in 1912, 40 East 83rd Street is a white glove coop with a full-time doorman, live-in resident manager and a bike room, and is located one block from Central Park and the Metropolitan Museum of Art, close to some of the best shopping and restaurants that Manhattan has to offer. The building allows 50% financing, there is a 2% flip tax paid by the buyer and pets are welcome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,950,000
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 | $2,360,000 | $2,360,000 | $2,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,400 | $14,531 | $19,598 |
Total Monthly Payment | $13,525 | $14,656 | $19,723 |
* 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.