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480 Park Avenue, #12H, New York (Midtown East), NY, 10022 | $799,000
Welcome home to apartment 12H at 480 Park Avenue! A sophisticated, renovated, oversized 1 bedroom 1 bath, prewar home which features grand and elegant rooms with 10-foot high ceilings, beautiful moldings, built-ins, a wood-burning fireplace, amazing closet space, W/D and herringbone wood floors. This apartment is priced to sell and is a rare chance to own the perfect one-bedroom apartment in this white glove, pre-war co-op.
480 Park Avenue was designed by the legendary architect Emery Roth and completed in 1929. It is located on 58th Street and Park Avenue, where the Upper East Side meets Midtown. The lobby of the building is one of the grandest in New York. The building amenities include a 24-hour doorman, a concierge, a resident building manager, a complimentary fitness center, and a fabulous roof terrace. It is located Steps to Central Park, the Plaza Hotel, top restaurants, museums and shopping on Madison and Fifth Avenue. Electricity is billed monthly by the coop. A 2% flip tax is paid by the buyer. Storage space is available through the building.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 21
- Amenities: Bike Room; Fitness Room; Laundry Room; Roof Deck; Private Storage;
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Year Built: 1929
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Washer / Dryer: Yes
- Building Access : Elevator
- Service Level: Full Service
- OLR#: RPLU5123247356
- Days on Market: 9 days
- Website: https://www.raveis.com
/prop/RPLU5123247356/480parkavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Douglas Elliman Real Estate
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
480 Park Avenue, #12H, New York (Midtown East), NY, 10022
$799,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,390 |
| Total Monthly Payment | $4,452 | $4,340 | $5,482 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535