Welcome to 508 East 78th St #6A, a serene and sun-filled 2-bedroom, 1-bathroom apartment located on the 6th floor of the charming Cherokee building on a quiet, tree-lined street in the heart of the Upper East Side. With its oversized windows, high ceilings, and recent updates, this apartment offers a perfect blend of classic New York charm and convenience.
As you enter, you're greeted by an open living space filled with natural light streaming through large windows. The layout provides a cozy atmosphere, ideal for both relaxing after a long day in the city. The functional kitchen has clean white cabinetry, newer appliances, and lots of countertop space for the active home chef.
The bathroom has been updated with a new vanity sink, re-glazed tub, and fresh tile work, offering a bright feel. Beautiful hardwood floors run throughout the apartment, adding warmth and a touch of pre-war warmth to every room.
Keep the current 2-bedroom layout with an eat-in kitchen, or easily transform it into a spacious one-bedroom home with a dedicated dining area and living room for a more expansive feel. The possibilities are endless.
The Cherokee is a landmarked Beaux-Arts building, offering both charm and peace of mind. Situated next to John Jay Park, residents have easy access to lush green spaces and an outdoor swimming pool, perfect for those warm summer days. The building is pet-friendly, allowing you to enjoy life with your furry companions, and boasts flexible co-op rules that make it an even more attractive option.
Tucked away on a peaceful, tree-lined street, this home is also ideally located just blocks from the new Second Avenue Q train station, providing quick and convenient access to the rest of the city. In addition, the vibrant neighborhood offers an abundance of shopping, dining, and cultural options, with East River Esplanade just moments away for leisurely walks or outdoor recreation.
Gas, electric, heat, and water are all included in the low monthly maintenance, offering added savings while making for a hassle-free living experience.
Cherokee Co-op rules are flexible and attractive to owners and investors alike; pied-a-terre, guarantors, parents buying for children, pets, subletting are all OK! Washer/Dryer are allowed in units.
Whether you're looking for a peaceful retreat in one of New York's most desirable neighborhoods, or a well-updated home to grow into, this apartment offers the perfect space to call home.
Don't miss the opportunity to experience all that this beautiful Upper East Side home has to offer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,087 |
Total Monthly Payment | $2,470 | $2,468 | $3,162 |
* 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.