Presented byBrenda Drzewiecki |
Welcome home to this stunning, expansive, move-in ready, alcove studio located in the heart of the Upper East Side. This recently renovated home boasts a modern design and premium finishes throughout and can be easily converted into a one-bedroom. As you enter the wide, closeted foyer, you'll be greeted by east-facing, city-proof, oversized windows that flood the space with natural light. A sprawling living space can easily accommodate a dining area and workspace, and the generous alcove fits a queen-sized bed. Enjoy a huge, 20-foot private balcony overlooking the city and 1st avenue – a true luxury! The renovated kitchen features premium quartz countertops, stainless-steel appliances, including a Bosch dishwasher and LG fridge, and a coffee bar for extra counter space and convenience. The modern bathroom includes a luxurious soaking tub and a classic subway tile design. Multiple walk-in closets provide ample storage and strip hardwood floors add warmth and elegance to the living space. A private intercom system adds to your safety and security. Sherman Towers offers the perfect blend of luxury and convenience. This co-op is a pet-friendly, full-service, 24-hour doorman building with an array of amenities, including a live-in super, roof deck, private storage, bike room, common courtyard, garage, and newly renovated lobby and lounge. Located on 76th Street between 1st and 2nd Avenues in the lovely Upper East Side neighborhood, it is a short distance from both the Q and the 6 subway lines, and an abundance of shopping, restaurant, bars, and cafes. Pets, Co-Purchasers, Gifting, and Pieds-A-Terre are permitted with board approval, and financing of up to 75% is available. There is a 1% flip tax paid by the seller.
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Our Executive Mortgage Banker:
Our Insurance Division:
$565,000
Sales Associate
William Raveis Real Estate
Phone: 860.965.6121
Brenda.Drzewiecki@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.305.7387
Mark.Greene@raveis.com
NMLS Mortgage Loan Originator ID 115078
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $452,000 | $452,000 | $452,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,122 | $3,004 | $3,876 |
Total Monthly Payment | $3,214 | $3,096 | $3,968 |
* 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.