Presented byNikki Short |
IMMEDIATE OCCUPANCY. Luxury living awaits you in this meticulously and efficiently designed garden suite in Midtown-east. This serene and light-bathed home welcomes you with high ceilings and an immaculately-appointed chef’s kitchen featuring customized cabinetry by Lineadecor, specialty Italian sourced stone countertops, polished chrome tapware, and a suite of premium Miele and Bertazzoni appliances. With natural white oak floors, high quality craftsmanship is displayed throughout the home. The gracious open layout, perfect for seamless entertaining, invites you into the spacious living room overlooking an unmissable northern exposure via the private garden suite. Both the private garden and open layout, provide a beautiful oasis for hosting effortless indoor-outdoor gatherings. Designed with serenity in mind the sun-drenched private garden suite offers access to its own private garden and courtyard. Freshen up in the elegant Carrara marble tiled spa bath with a custom-fitted lacquer vanity by Lineadecor, a relaxing soaking tub, Kohler and Porcelanosa fixtures, and polished chrome accessories. Other highlights include; a convenient in-home Blomberg washer & dryer, a state-of-the-art Mitsubishi HVAC system to individualize your climate control, and technologically-advanced windows manufactured by Kolbe providing high acoustic and thermal performance. With its charming limestone façade and exceptional design, 323 East 53rd Street features 11 studios-to-one-bedroom homes. This intimate and impeccably designed boutique condominium completed in 2022, offers more than just a prime location in Midtown-east and an array of top local institutions and restaurants. The welcoming spacious lobby is fully equipped with a fully equipped with a Butterfly MX virtual doorman system and Luxer One package locker system. Each residence includes a private dedicated storage room and access to the spacious residents-only roof deck. The projected real estate tax assumes a 17. 5% reduction under the cooperative/condominium abatement – Real Property Tax Law § 467-a. Purchasers are advised to consult a tax professional to determine eligibility for the abatement program. Sponsor makes no representation or guarantee as to the applicability or availability of the abatement program and Purchasers should not purchase in reliance on receipt of the abatement.
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
Sales Associate
William Raveis Real Estate
Phone: 860.574.5352
Nikki.Short@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,868 | $3,722 | $4,802 |
Total Monthly Payment | $3,960 | $3,814 | $4,894 |
* 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.