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A Rare Find! A Pre-War Condo - with two terraces, that can be purchased as a LLC, Trust or Pied-E-Terre, with no co-op board approval needed! This luxury apartment is located on an esteemed block between Madison and Park Avenues. The turnkey home is being sold fully furnished with up-scale furniture and can also be delivered unfurnished too; including a queen bed, a modern dining table, a designer lounge and chairs, two TVs and terrace furniture on both balconies. Turn the key and move right into this one-bedroom condo with two full marble bathrooms. The apartment is replete with custom Art Deco moldings, cabinetry, and a decorative fireplace. The luxurious entry hall is lined with marble and mirrored throughout.
The living room can be divided into a guest bedroom with kitchen access and its own private full marble bathroom. The fully stainless steel kitchen is complete with a Sub-Zero refrigerator combined with other top shelf appliances. There are two new air-conditioning units complete with washer/dryer hook-ups already installed. This corner unit has two lush landscaped terraces, which come with their own outdoor furniture. This sunny, corner, floor-through home has three exposures. Completely remodeled and updated, this beautiful home is ready to move into!
40 East 61st Street is a charming pre-war condominium featuring 24-hour door attendants, a dedicated live-in superintendent, and a mere two blocks from Central Park. You'll find an abundance of restaurants, bars, cafes, and high-end shops in the vicinity, along with convenient access to subway lines including the 4, 5, 6, F, N, Q, R, and W. Pied-E-Terre, LLC or Trusts purchases are allowed and pets are warmly welcomed!.
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.
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Our Executive Mortgage Banker:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,993 | $10,694 | $14,852 |
| Total Monthly Payment | $10,118 | $10,819 | $14,977 |
* 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.