Completely renovated and designed to perfection, Residence 1511 at the world-renowned Plaza is in mint condition and overlooks the historic Grand Army Plaza with a wrap around balustrade terrace that envelopes almost the whole outer perimeter of the Residences. This sun filled one-bedroom, one-and-a-half bathroom residence opens from a formal foyer to a gorgeous and bright living room with herringbone floors. The oversized bedroom has a large walk-in closet and a luxurious en suite marble bathroom with a standing glass shower and separate soaking tub, marble mosaic patterned floors in the master bath and powder room from the original Plaza Lobby, and the bath fixtures have classic double ‘P’ Plaza logo customized by LeFroy Brooks and Kohler. The custom kitchen features Nero Marquina stone countertops, Calacatta marble backsplashes, and The Plaza Collection of Stainless Steel Appliances by Miele and Viking. All residences have central air and a washer/dryer. Option to purchase furniture. Opportunity to purchase adjacent 1513 & 1511 for $9, 995, 000 to create a three, four, or five bedroom residence. The Plaza Residences enjoy hotel-style services and amenities, from concierge and butler service to 24-hour in-room dining, twice-daily housekeeping, plus access to The Palm Court, Plaza Food Hall, Champagne Bar, Rose Club, Warren-Tricomi Salon, Grand Ballroom, Terrace Room, and luxury retail shops. Experience Manhattan's premier living destination, steps from Central Park, glamorous Fifth Avenue shopping, internationally-acclaimed fine dining, and the best of New York City.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.612% | 6.433% |
Monthly Tax Payment | $1,633 | $1,633 | $1,633 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,340 | $17,698 | $24,008 |
Total Monthly Payment | $18,098 | $19,456 | $25,766 |
* 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.