57 East 75th Street is located on a quintessential Upper East Side tree lined block, moments away from luxury shops and restaurants on Madison Avenue and two blocks from New York City's treasure; Central Park. The unique building fa ade offers a nod to the minimalist approach to construction presented by the Brutalist architectural style, yet, speaks beautifully with the design aesthetic of the neighborhood with the Breuer building on the corner of East 75th Street and Madison Avenue, and the Guggenheim nearby.
The first floor of this triplex presents a living room with an abundance of sunlight from four large scale south facing windows. This perfectly proportioned room offers contemporary lines from bi-level ceilings and red oak wooden floors juxtaposed with the traditional design of the Italian marble wood burning fireplace.
The second-floor kitchen space can easily accommodate two culinary enthusiasts prepping and cooking side-by-side. The cream-colored cabinetry, marble countertops and high-end appliances, including a Wolf gas stove, encourage home cooked meals. There is an always appreciated built-in pantry for extra storage. Adjacent to the kitchen, is best described as a flex space. Two large scale banquettes frame the space offering a cozy reading nook or gathering space for six. Raising the table from coffee table height to 29 inches, easily accomplished by hydraulics, the space is transformed into a home office with electronics and printer stored in nearby closet or a dining space for upwards of six people.
The third floor includes a renovated bathroom, showcasing a minimalist style with high-end finishes and extra storage space. The large-scale bedroom is saturated in sunshine from four windows facing south, east and west. A standout is the grand walk-in closet with custom cabinetry.
57 East 75th Street is a self-managed co-op with very low maintenance, free laundry in the basement, storage, video intercom system and a part-time super. Building permits pied-a-terre, pets, sublet, and 80% financing. Washer/dryer is allowed with board approval.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,836 | $5,241 | $7,145 |
Total Monthly Payment | $4,961 | $5,366 | $7,270 |
* 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.