The first offering of a spectacular one-of-a-kind high floor duplex in an elegant Upper East Side prewar boutique coop. This four bedroom plus a library duplex has wonderful prewar charm and grand space. Enter a semi-private elevator vestibule into an entry foyer, lined in rich wood paneling with a charming powder room and under-staircase closet. The enormous living room has two huge sunny South-facing windows and a wood-burning fireplace. The adjacent dining room is extremely large and also faces South. There's a charming library with a fireplace just off the dining room. The kitchen is spacious with a washer/dryer, butler's pantry and adjacent breakfast room. A staff room and bath complete the rooms on this floor.
The second level has a generously sized primary bedroom with a fireplace, dressing room with closets, and large bath with a double vanity. There are three additional bedrooms, one with a private bath and two with a Jack and Jill shared bath.
There are lovely wood floors throughout, high ceilings, and much historic detail in beautifully proportioned rooms. There's some through-wall AC and some windows units.
Built in 1927, 170 East 79th Street is an elegant, fifteen story, twenty-six-unit, boutique cooperative designed by the renowned architect J. E. R. Carpenter. This building features a pretty landscaped garden for residents, a doorman (8am-midnight), a live-in super, laundry room, and bike room. The building allows 50% financing, pied-a-terres, and it's pet friendly. There is a flip tax of 1. 5% of the sale price.
The convenient mid-block location on beautiful tree-lined 79th Street is in close proximity to Central Park, The Museum Mile District, many fine restaurants and gourmet food establishments, as well as transportation, shops and services. Showings between 11 - 5pm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,900,000
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 | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,715 | $19,465 | $26,118 |
Total Monthly Payment | $17,840 | $19,590 | $26,243 |
* 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.