This listing is for the sale of two individual homes, PH44 and PH46.
Penthouse 44 and Penthouse 46 capture cinematic views from a 403' elevation. These full floor homes are the only two remaining offerings for this 4, 017 sqft. , four bedroom, four ensuite baths and powder room. Oversized windows encapsulate the iconic scenery spanning from Central Park and beyond the midtown skyline to the East River and beyond the mountains of New Jersey. Pre-war style inspired detailing has been refreshed to meet modern luxury expectations, including a formal elliptical private entry gallery with coved ceilings and custom plaster wainscoting complimented by 7. 5-inch wide Austrian white oak flooring and expansive tall tilt & turn Albertini Italian windows.
Penthouse 44 and Penthouse 46 feature expansive entertaining with a 21'6' x 21' living room and formal dining room of 21' 16'4" with south and west views and 14 foot ceilings offering a canvas of Central Park and the midtown skyline. Additionally, a separate 21'3" x 13'6" den that encompasses views of the Empire State Building and the midtown skyline. The south and east facing primary bedroom entails a windowed dressing area and windowed bathroom featuring radiant heat flooring, silver travertine slabs and mosaic tile accented walls.
The custom designed windowed eat-in kitchen features a center island with white lacquered cabinetry, custom designed by Molteni & C Dada for DDG, Statuario marble counter-tops, as well as a full suite of Gaggenau appliances, including 2 dishwashers and natural brass fixtures by Fantini. This floor plan offers an optional 5 bedroom/4. 5 bath alternative layout.
180 East 88th Street is an increasingly limited collection of 47 condominium residences with 24/7 doorman & concierge services and an impressive 8 floors of amenities including a fitness studio, double-height basketball court, soccer pitch, imaginative playroom, game room, and residents' lounge with catering kitchen. Additionally, wine storage, residential storage, and bike storage are available for purchase.
Sponsor reserves the right to make changes in accordance with the Offering Plan. The complete offering terms are in an Offering Plan available from the Sponsor. File No. CD15-0154. Sponsor: 180 East 88th Street Realty LLC, 501 Madison Avenue, Suite 1403, New York, NY 10022. Equal Housing Opportunity.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $22,240,000 | $22,240,000 | $22,240,000 |
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 | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $126,276 | $136,936 | $184,683 |
Total Monthly Payment | $126,401 | $137,061 | $184,808 |
* 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.