Perched on the fifth floor, apartment 5E at 245 East 24th is a sanctuary of light and elegance, a pristine alcove studio where every inch has been meticulously crafted to whisper sophistication. As sunlight pours through expansive windows, the residence glows with an undeniable warmth, illuminating the fresh and flawless flooring that anchors this space in quiet luxury. The newly updated kitchen beckons with modern allure, while the beautifully renovated bathroom adds a touch of spa-like serenity, creating a perfect retreat for the discerning resident. Nestled on the corner of 24th and 2nd, this storied building stands proudly in one of Manhattan's most desirable enclaves, graced with a full-time doorman, a dedicated live-in manager, and amenities that define true city living: laundry facilities, a bike room, and ample storage. Above, the renowned rooftop garden awaits—a verdant escape with skyline views that remind you of New York’s enduring charm. Here, life embraces flexibility, with the co-op welcoming pets, pieds-à-terre, and co-purchasing alike. In this impeccable home, you’ll find not just an apartment but a polished piece of Manhattan’s legacy, waiting to be cherished.
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Our Executive Mortgage Banker:
Our Insurance Division:
$515,000
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 | $412,000 | $412,000 | $412,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,741 | $2,738 | $3,474 |
Total Monthly Payment | $2,833 | $2,830 | $3,566 |
* 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.