116 Central Park South, #10G, New York (Central Park South), NY, 10019 | $785,000

Terrific Investment Apartment - Currently a tenant is living in this spacious and beautiful Studio apartment. When you move in, you'll be living right across from Central Park in one of Manhattan's most desired addresses. Situated in a highly-regarded doorman building, this spacious Studio apartment is 516 square feet with north-facing windows running along the whole width of the Studio living space. There is loads of storage space, a closet that has been turned into an office and an area with hook-ups for a washer/dryer should you want one. The windowed-kitchen is unusually spacious and has a dishwasher. Lovely marble bath with a wall of mirrors. The closets have custom built in dressers and shelves and the floors are an elegant large parquet design.

The long lobby of the building is tastefully appointed as are the hallways. If you have a car, there is a garage available and the common charges include use of the fitness center. Currently, there is an ongoing Capital Assessment of $75. 65 per month.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 18
  • Amenities: Bike Room; Garage; Courtyard; Garden; Fitness Room; Laundry Room; Common Storage; Digital TV;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Park House
  • Year Built: 1962
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Keyed Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU33422934768
  • Days on Market: 244 days
  • Website: https://www.raveis.com
    /prop/RPLU33422934768/116centralparksouth_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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116 Central Park South, #10G, New York (Central Park South), NY, 10019

$785,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $628,000 $628,000 $628,000
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 $4,178 $4,174 $5,385
Total Monthly Payment $4,270 $4,266 $5,477

* 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.