Rare Combination Opportunity to create a stunning 2 bedroom/2bathroom apartment at 319 East 50th Street with triple exposure
Both Apartments 9-E and 9-D need to be combined
Craft a Prewar 2 Bed/2Bath Beauty
Apartments 9DE
$1, 155, 000
Combined Maintenance of both apartments: $3143
Imagine the rare opportunity to combine two stunning prewar co-op apartments into a sophisticated, sun-soaked two-bedroom, two-bathroom home that seamlessly blends modern luxury with classic charm.
The first unit is a breathtaking south-facing designer studio, bathed in natural light. With custom cabinetry and sleek quartz countertops, this space is a masterclass in thoughtful design and functionality. Every detail, from the exquisite finishes to the carefully curated layout, creates a refined, serene atmosphere ideal for both relaxation and entertainment.
Next door, the one-bedroom apartment is a luxurious retreat in its own right. The open kitchen features high-end appliances and finishes that flow effortlessly into the living and dining areas, perfect for hosting. The bathroom is a true sanctuary, adorned with Italian stone marble, a spa-worthy jacuzzi with built-in speakers and TV, and a separate shower stall for ultimate relaxation. The spacious bedroom is a peaceful haven with double exposure, flooding the room with light and offering gorgeous views.
When combined, these two apartments create a spacious, sun-drenched home with endless possibilities. Simply remove one of the kitchens and open up the entryway to reveal an expansive living space that connects the two areas. With two beautifully appointed bathrooms, generous living areas, and a refined, modern aesthetic, this home offers the perfect balance of comfort and luxury, all within the timeless elegance of a prewar building.
Living at 319 East 50th you will be greeted by an attentive staff and experience serene living in the hustle and bustle of the city. Living at 319 East 50th Street places you just moments away from some of the best dining and outdoor experiences that Midtown East has to offer. Whether you're in the mood for a Michelin-starred meal or a relaxing stroll through a nearby park, these top picks will make you feel right at home.
The Modern (Located at the Museum of Modern Art - 11 W 53rd St) celebrated for its creative contemporary cuisine, Sushi Yasuda at 205 East 43rd Street with its minimalist sushi bar and Zen-like setting and of course Cipriani at 42nd Street, the iconic Italian staple of fine dining.
A short walk from your front door, The Modern offers a refined yet welcoming dining experience with sweeping views of the MoMA's sculpture garden. This two-star Michelin restaurant is celebrated for its creative contemporary American cuisine, combining impeccable technique with seasonal ingredients.
Sushi Yasuda (204 E 43rd St)
For sushi lovers, Sushi Yasuda is an unmissable gem. Renowned for its pristine, top-tier sushi, this inviting sushi bar focuses on the purity of its ingredients, serving up some of the freshest fish in the city.
Cipriani 42nd Street (110 E 42nd St)
Cipriani offers an elegant ambiance and a refined menu, perfect for special occasions or a luxurious night out. Located in a stunning Beaux-Arts landmark, the restaurant serves timeless Italian dishes with impeccable service.
There is currently a capital assessment in place at 319 East 50th Street through December 31st, 2025 which is $329 total.
Craft the two bedroom home of your dreams by easy breakthrough to adjoin both units and swapping out a kitchen for a laundry room. This is the most commonly proposed new layout but you are only limited by the imagination of your architect and ideas.
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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 | $924,000 | $924,000 | $924,000 |
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 | $5,246 | $5,765 | $7,735 |
Total Monthly Payment | $5,371 | $5,890 | $7,860 |
* 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.