1516 PARK Avenue, New York (South Harlem), NY, New York, property flyer

New York (South Harlem), NY, 10029 | $2,795

Open View! Available December 1st
Sunny Studio + Alcove + Washer/Dryer + Central Heating & Cooling

HOT WATER & COOKING GAS INCLUDED

GYM
ELEVATOR
LOUNGE
ROOFDECK
BIKE ROOM

Come home to The Pearl on Park, designed by well-known architects Fischer & Makooi, just two blocks from CENTRAL PARK on 111th and Park Avenue.
The Pearl stands eleven stories tall; appreciate the contrasting bold charcoal facade with pristine & pearly interiors.
The lobby welcomes all with a 12-foot dramatic mosaic wall. Amenities include a complete gym, co-working space, a panoramic roof deck, and bike storage. The 59 units are a mix of studios, one-bedroom, and two-bedrooms - all including their own Bosch washer/dryer.
Each kitchen is curated with polished quartz countertops, soft close custom cabinetry & designer appliances. Enjoy serene, porcelain bathrooms that feature Hansgrohe fixtures and one-piece toilets. Plentiful natural light graces every apartment with floor-to-ceiling noise-reduction windows.
Control the temperature in each room with the central heating & cooling system. Also, many apartments include private outdoor space. After a long New York City day, unwind & settle in at home, The Pearl on Park.

Enjoy easy access to 6 train, plus 2/3 train a few minutes away.

Features

Type: Multi Family
Town: New York
Rooms: 2
Baths: 1 full
Units: 59

Laundry: Building None,Washer Hookup,In Unit
Year Built: 2023
Cooling: Varies by Unit
Basement: Other
View: Bridge(s),City

Pet Policy: Building No,Yes
Appliances: Washer Dryer Allowed
MLS#: RPLU-33423271931
Days on Market: 0 day
Website: https://www.raveis.com
/prop/RPLU-33423271931/1516parkavenue_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 Corcoran MH, LLC Phone: (212) 355-3550

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (South Harlem), NY, 10029

$2,795

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	$2,236	$2,236	$2,236
Term	360 months	360 months	180 months
Initial Interest Rate**	7.000%	6.990%	6.250%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.477%	7.159%	6.498%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$15	$15	$19
Total Monthly Payment	$90	$90	$94

* 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.