311 E 38TH Street, #18C, New York (Murray Hill), NY, 10016 | $644,000

Sophisticated 1 Bedroom on High Floor with River Views

Located on a quiet street at the nexus of Murray Hill and Kips Bay this special 1 Bedroom, 1 Bath home was an original model unit and offers the finest in Midtown East condo living. With its high floor, extraordinary 21-foot long (117 sqft) terrace, and east facing river views, this residence offers some of today's most coveted features. Complemented by excellent light throughout , the interior spaces exude a rich ambiance of warmth and charm. With an eye toward timeless design, this sophisticated home is appointed with distinctive elements of European and American craftsmanship - including custom oak paneled accent walls, artfully crafted floor to ceiling cabinetry, beaded glass bespoke French doors, cedar bedroom closets, and even Italian crafted doorknobs. With an attention to detail, all wiring has been discretely hidden or is within the walls. The terrace is beautifully planted and offers unique views of the East River, landmarked Tudor City, the United Nations, Queens and Brooklyn, and close by St. Vartan Park. The tranquility of the terrace is enhanced by a lovely fountain. This home's many attractive features also include a nicely appointed marble bath and cheerful, impeccably maintained kitchen incorporating a combination of classically vintage and Italian design elements - including beautiful Missoni wallpaper. Appealing as a full-time residence, pied-a-terre, or 1031 exchange property, this Manhattan home is a perfect setting for entertaining and relaxation.

Situated in a prime Midtown location, residents have access to numerous dining, shopping, and entertainment options, with convenient public transportation including nearby Grand Central Station and East River Ferries.

The Whitney Condominium is designed to provide an inviting, intimate feel. It has an elegant lobby with attractively landscaped grounds. There is a 24-hour doorman and resident super. Each floor boasts its own laundry room, with a larger central laundry room on-site for added convenience. There is a fitness center with state-of-the-art equipment and amenities, including a relaxing sauna. Bike and storage facilities are also available. Pets are welcome (one per residence).

Please contact me to schedule a private viewing of this special home.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 28
  • Amenities: Sauna
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: THE WHITNEY
  • Year Built: 1984
  • Common Charge: $746 Monthly
  • Approx Sq. Feet: 500
  • View: River
  • Pet Policy: Building Breed Restrictions,Breed Restrictions,Building Yes,Yes
  • MLS#: RLS20025697
  • Days on Market: 222 days
  • Website: https://www.raveis.com
    /prop/RLS20025697/311e38thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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NMLS Mortgage Loan Originator ID 23716

781.490.5670

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311 E 38TH Street, #18C, New York (Murray Hill), NY, 10016

$644,000

Sarina Steinmetz

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.610.0207

sarina.steinmetz@raveis.com

Andrew van Dyk

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 781.490.5670

Andrew.vanDyk@raveis.com

NMLS Mortgage Loan Originator ID 23716

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $515,200 $515,200 $515,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.280% 5.609%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,925 $3,130 $4,176
Total Monthly Payment $3,017 $3,222 $4,268

* 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.