The Perfect Pied-a-Terre, Primary Residence and Ideal Investment Right on Central Park!Investors and LLC purchasers welcome at this white-glove condop that functions like a condo with subletting allowed, and no board interview required. Spanning over 800 square feet, this sunny, quiet and elegant one bedroom offers high ceilings and grand living proportions. The oversized living room stretches over 20ft and has ample space for formal dining as well as entertaining and relaxing. Featuring a wall of windows and direct sunlight throughout the day, the king-sized bedroom has a large walk-in closet, beamed ceilings and a built-in AC. This gorgeous south-facing home is finished with a newly updated bathroom and kitchen with stainless appliances, recently finished floors and new lighting. The Southmoor is a stunning Art-Deco building with white-glove service. 230 Central Park South offers its residents a 24 hour gym, laundry room, bike room and pets are allowed!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,225,000
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 | $980,000 | $980,000 | $980,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,641 | $6,194 | $8,270 |
Total Monthly Payment | $5,766 | $6,319 | $8,395 |
* 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.