Welcome to 435 E 85th Street, Garden Basement 5—a meticulously crafted garden-level oasis where every detail shines, blending functionality with undeniable charm. Step inside and be greeted by a spacious foyer, currently designed as the perfect work-from-home space. Beautifully refinished original hardwood floors run throughout, filling the space with warmth and character. The kitchen is a chef’s dream, featuring top-tier appliances with a Viking range, commercial-grade exhaust fan, Liebherr refrigerator, Miele dishwasher, and sleek slate flooring. Custom solid hardwood maple shaker cabinets offer abundant storage, making the kitchen both spacious and highly functional. As you move into the living and dining area, sunlight streams through the custom, commercial-grade stainless steel paned glass door, inviting you to your own private garden oasis. This expansive 550 sq ft outdoor space is perfect for relaxing, entertaining, or gardening, with a water spigot, electrical outlets, and a storage shed for added convenience. Inside, the living room boasts two large California closets with solid maple doors and trim, while a stunning Jean Prouvé lighting fixture brings a modern flair to the dining area. The spacious bedroom is a true retreat, with two large windows that overlook your private garden. It’s complete with another California closet and solid maple doors. The bathroom features a Robern AiO medicine cabinet with integrated OM sound, offering both style and functionality. The living room and bedroom are also equipped with through-the-wall A/C units, ensuring year-round comfort. Built in 1958, 435 E 85th Street is a boutique, four-story co-op nestled on a peaceful, tree-lined street. The building allows subletting after three years of residency and welcomes pied-à-terres, parents buying for children, co-purchasers, guarantors, and gifts (subject to board approval). General and bike storage are available for a nominal monthly fee, with no current waitlist. The building also features a live-in superintendent, a laundry room, a newly installed virtual doorman system, and a communal outdoor garden for residents to enjoy. Located just three blocks from the 86th Street Second Avenue Subway, residents have all the Upper East Side’s finest amenities right at their doorstep.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $3,812 | $3,809 | $4,808 |
* 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.