Find Your Sweet Spot!
Welcome to Apartment 7K at 159 Madison Avenue, a contemporary prewar one-bedroom residence located in a highly sought-after limestone loft building north of Madison Square Park. This urban retreat boasts a mix of old-world charm and clean lines, with a generous layout offering multiple ways to utilize the space. Move-in ready, Residence 7K is an ideal city sanctuary.
Situated between 32nd and 33rd streets at the juncture of three vibrant neighborhoods NoMad, Murray Hill, and Midtown South, this prime location offers an unparalleled convenient commute in and out of the city. The building's prominent architecture, combined with its high-quality staff ensures that residents have a serene living experience.
Apartment #7K provides views that overlook Madison Avenue. The home is bathed in afternoon sunlight through two enormous west-facing windows. With a ceiling height of 9. 5 feet and beautiful oak hardwood floors, this expansive space includes an entry foyer, living room, dining area, bedroom, kitchen, and bath. The open layout allows for flexible configurations that easily accommodates a home office. Two thru-wall AC's ensure comfort throughout summer months.
The apartment features excellent light, double-pane soundproof windows, and a dressing area with custom walk-in closets and storage systems adjoining the bedroom. The renovated white-on white kitchen is complete with refrigerator, range, dishwasher, microwave stainless-steel appliances and water filtration system. An abundance of custom cabinetry, herringbone backsplash and stone tile floor add value to the home's appeal. The white tile and grey accented bath is fully renovated and includes a glass enclosed bathtub and shower, marble trimmed porcelain sink, and large double mirrored walnut vanity.
159 Madison Avenue is a well-established co-op with full-service staff, including 24-hour doorman, porter, and resident property manager. Additional amenities include on-floor laundry and storage rooms, bike storage, package room, and landscaped roof terrace. The co-op permits in-unit washer/dryers withboard approval, along with parent gifting,
co-purchase, and pied-Ã -terres. Sublets are allowed three out of five years, with the cycle repeating. Pets are welcome with board approval.
The building's central Madison Avenue location offers quick access to Grand Central andPenn Station transportation hubs, as well as eastside and westside subway and bus lines. The area is a food lover's paradise, with numerous trend-setting eateries and shopping hotspot nearby, that include Koreatown, Eataly, Whole Foods, and Trader Joe's. Contact us for an appointment. Easy to show.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,315 | $3,190 | $4,048 |
Total Monthly Payment | $3,407 | $3,282 | $4,140 |
* 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.