Exciting opportunity to own a super charming, well-priced true 2-bedroom, 1-bathroom apartment with a PRIVATE TERRACE on the Upper East Side. Upon entering the apartment, you are greeted by beautiful solid oak hardwood floors and a spacious living and dining room overlooking the building’s gated courtyard. Right off the living room, you can step outside to enjoy a morning cup of coffee or an evening glass of wine on your private terrace. The kitchen is fully functional, offering plenty of cabinet space and brand-new quartz countertops with bar seating. The bathroom was just updated and is in perfect working order while still retaining its pre-war charm. Both bedrooms face south and receive tremendous light. They are large enough to accommodate king-sized beds with plenty of extra room for bedside tables and additional furniture. In total, there are four closets offering more storage than you’ll need. Additionally, there’s through-the-wall AC in every room, and the apartment includes its own private storage unit, which is included with the sale. 439 East 88th Street is a well-run boutique co-op located on a beautiful tree-lined street on the Upper East Side. Amenities include key-locked elevator, superintendent, private storage, bike room, courtyard, and laundry room. Ideally located near Carl Schurz Park, Asphalt Green, and Central Park, the location cannot be beaten. There are several supermarkets, including Whole Foods, within a two-block radius, as well as many restaurants, bakeries, and café options within walking distance. Transportation is easily accessible with the Q, 4, 5, 6 trains, the new East River Ferry on 90th Street, and the cross-town bus on 86th Street. Pets are welcome! Guarantors, gifting, and co-purchasing are permitted.
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Our Executive Mortgage Banker:
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$675,000
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 | $540,000 | $540,000 | $540,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $3,685 | $3,681 | $4,722 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.