Imagine living on East 65th Street and Madison Avenue, just a block from Central Park, in a sprawling 2100 square foot three-bedroom, three-bathroom home with enormous rooms, sun filled western exposures from wall to wall windows, spectacular closet space and a washer/dryer in a full-service building featuring a garage, all for $995, 000.
This gracious residence is defined by its spacious rooms, abundant natural light, and large windows. The distinctive entry foyer invites one into the oversized grand entertaining area. The living space spans nearly nineteen feet, with an adjacent dining area adding another thirteen feet and hardwood floors. The large kitchen is a chef's delight with expansive counter space and excellent cabinet storage. A laundry closet with a washer/dryer provides additional space for large pantry items.
The home boasts three generously sized bedrooms and three full bathrooms. The primary suite is a serene retreat featuring a twenty-eight-foot bedroom, two massive walk-in closets, and an oversized bath. The second and third bedrooms are also of grand proportions, both benefiting from western exposure and each with its own large bathroom. The entire apartment has a combined thru wall cooling and heating system.
27 East 65th Street is ideally located for the best in dining and shopping in New York and enjoying Central Park. This established cooperative built in 1964 and converted in 1984 has only 75 residences. The building features two passenger elevators, a separate service elevator, full-time door staff, porters, and a resident manager. Additional amenities include a beautiful roof garden, a laundry room, and the rarely found and most desired amenity of all, a Garage.
The cooperative allows 65% financing, and with board approval, Guarantor purchases, Co- Purchasers, Pied-a-Terre purchases, and is pet friendly. There is a 1% Flip Tax. The monthly maintenance pays for the standard running of the building and the long term and shareholder friendly land lease. With the value asking price of $995, 000, this luxury home offers a unique opportunity for customers who want a stunning three bedroom residence in one of Manhattan's finest neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,582 | $5,031 | $6,717 |
Total Monthly Payment | $4,674 | $5,123 | $6,809 |
* 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.