An exceptional opportunity presents itself to acquire this combination two bedroom, two bath home, which can also be purposed as an oversized one-bedroom with a very roomy home office. Facing east, the apartment is bathed in abundant natural light while offering picturesque views of the meticulously landscaped Lincoln Towers courtyard. It includes three huge walk-in closets, an enlarged master bedroom, and a renovated kitchen with stainless steel appliances and granite countertops, which can easily be expanded into the adjacent closet. Importantly, there is the rare opportunity to add a legal washer and dryer (see the alternate floor plan reflecting one example of that kind of upgrade). Some of the photos are virtually staged, including the photo with a washer/. and dryer.
Conveniently situated within a brief stroll to Lincoln Center, Riverside and Central Parks, this unique home or pied-a-terre is in a full-service luxury building offering a wealth of amenities, including an exercise room, community room, library and garage. Residents benefit from exclusive access through the lobby floor to the private and secured Lincoln Towers park, featuring dedicated basketball and pickleball courts, a beautiful children's playground, inviting picnic areas, and acres of green spaces, ideal for leisurely activities and relaxation.
Maintenance includes utilities; there is a capital assessment of $112. 08. This is an opportunity not to be overlooked.
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Our Executive Mortgage Banker:
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$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,076 | $6,569 | $8,711 |
Total Monthly Payment | $6,201 | $6,694 | $8,836 |
* 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.