Modern and sophisticated Sutton Place two-bedroom apartment coveted Connaught Tower. Residence 2J is a newly updated 2-bedroom home with comfortable space for both living and dining. A washer/dryer is allowed in the unit. The primary bedroom is expansive, with plenty of room for a work from home desk, and features city quiet windows. The second bedroom is also large in scale, and can fit a Queen size bed and dresser. A washer/ dryer can be installed with board approval. Connaught Tower is an exceptional full-service, white glove co-op with luxurious amenities including a 24-hour doorman and concierge, a renovated indoor rooftop pool and deck, sauna, health club with new equipment, resident lounge, semi-circular driveway, garage, bike room, and storage. Moments away from Trader Joes and Whole Foods, top dining options, transportation, Equinox and SoulCycle. Pied-a-terres and pets are permitted. Financing is available up to 70% of the purchase price, and there is favorable bulk cable and internet arrangement. Experience luxury living in one of the most sought-after neighborhoods in the city.
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Our Executive Mortgage Banker:
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$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,547 | $4,554 |
Total Monthly Payment | $3,685 | $3,639 | $4,646 |
* 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.