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Finalized, newly updated landlease with very favorable terms for shareholders!
Welcome to Residence 31CD at the Azure - an expansive, light-filled home boasting nearly 3, 000 square feet of refined living space, sweeping across the coveted southern, eastern, and western exposures. Perched high above Yorkville, this residence offers a rare opportunity to enjoy unobstructed views of the East River and Manhattan skyline from every major room.
Currently configured as a luxurious three-bedroom, the home features a grand double primary suite with two marble-clad bathrooms, a versatile third bedroom/den, and a fourth bedroom that can easily be restored to its original layout. A gracious entry foyer opens into a dramatic, loft-style living and formal dining area, seamlessly connected to a chef's eat-in kitchen equipped with professional-grade Viking appliances, custom cabinetry, and sleek marble countertops.
Additional highlights include a private terrace, central air conditioning, a laundry room, powder room, multiple walk-in closets, and exceptional storage throughout.
Located in one of the Upper East Side's most sought-after full-service buildings, The Azure offers 24-hour doorman service, a live-in resident manager, bike storage, and private storage. Amenities include a state-of-the-art fitness center with Technogym equipment, two landscaped roof terraces, a resident lounge, game room, playroom, and a private dining/conference suite with a catering kitchen.
With top-rated schools, parks, restaurants, and transportation moments away, this condop (functioning under condominium by-laws) offers a rare blend of space, luxury, and convenience. The monthly maintenance includes real estate taxes. Ground lease extends through February 14, 2082.
A residence of this scale, light, and quality is seldom available - a true Upper East Side gem.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$2,595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,076,000 | $2,076,000 | $2,076,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,787 | $12,782 | $17,518 |
| Total Monthly Payment | $11,912 | $12,907 | $17,643 |
* 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.