This dramatic loft is perched on the 16th floor of the former Gimbles Department Store. Oversized South facing windows flood the home with light. Built-in shelving along the northern wall provides ample storage from floor to ceiling; perfect for organizing ones belongings in stylish bins or showing them off. An additional two closets are located in the dressing area off of the bathroom.
With ceiling heights of more than 14 feet and oversized windows, P16F has a definite wow factor.
The separate galley kitchen is complete with full-sized refrigerator and dishwasher. A sunken living room provides a natural and strategic divide between the common and sleeping areas.
This is a perfect home or pied-a-terre is situated in an unbeatable location just two blocks to Central Park, one block to Whole Foods and the express train amongst many other conveniences.
Park Avenue Court is a prestigious condo with a competitive amenities package including a full-time doorman, concierge, live-in super, gym, swimming pool and common patio. Parking is also available.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $2,560 | $2,560 | $2,560 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $17 | $17 | $22 |
Total Monthly Payment | $92 | $92 | $97 |
* 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.