250 E 40TH Street, #21C, New York (Murray Hill), NY, 10016 | $628,000

 

Spectacular High-Floor Condo Studio w/Balcony in Full-Service Building w/Pool

 

OPEN HOUSES are BY APPOINTMENT ONLY

Quiet and bright, this spacious 21st floor studio in a 24-hr. doorman condominium with a swimming pool makes for a perfect first home, pied-a-terre or investment property.

This wonderful apartment features a gracious entry foyer preceding a large north-facing living room which easily accommodates living, dining, and sleeping areas plus a home office. The private balcony offers views of Tudor City and a peek of the East River. The spacious kitchen offers full size appliances, including brand-new range, dishwasher and microwave, incredible storage and plenty of counter-top workspace. With a large pass thru to the living room and a breakfast bar, the apartment is perfect for those who like to cook and entertain.

Additional features of the home include a spacious updated limestone bathroom, an enormous closet as well as central heat & AC.

If occupied as a primary residence and eligible for the NYC Cooperative and Condominium Abatement, the real estate taxes would be approx. $572/month. Please consult your attorney regarding the abatement and eligibility.

There is a capital assessment of $65. 22/mo.

The Highpoint Condominium is a full-service, pet-friendly building with a 24-hour doorman, concierge, live-in superintendent, fitness center, central laundry room, bike storage and common storage room for suitcases. The fitness center features a 40-foot swimming pool, cardio equipment, weight training, a Jacuzzi, sauna, steam room and locker rooms as well as a children’s play area. The building does not permit certain breeds of dog.

Residents of The Highpoint enjoy this convenient midtown location just a few blocks from One Vanderbilt & Grand Central Terminal. Superb public transportation includes the 4, 5, 6, 7 train lines, select buses, Metro-North and the LIRR. Shopping and dining options abound including Ermina's (Westside Market), Grand Central Market, Amish Market East, Trader Joe’s, Fairway, & Dag Hammarskjold Green Market, as well as Daniel Boulud’s Le Pavillon, The Capitale Grill, Grand Central Oyster Bar, Smith & Wollensky and Madison & Vine among many others.

All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings should be verified by your own attorney, architect or zoning expert. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission and change of price, rental, c ommission, prior sale, leasing, or withdrawal without notice.

Features

  • Town: New York
  • Cooling: Central Air
  • Levels: 48
  • Amenities: Sauna
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: The Highpoint
  • Year Built: 1988
  • Common Charge: $652 Monthly
  • Approx Sq. Feet: 447
  • View: City Lights,City
  • Pet Policy: Building Dogs OK,Building Yes,Dogs OK,Yes
  • MLS#: RLS20043963
  • Days on Market: 148 days
  • Website: https://www.raveis.com
    /prop/RLS20043963/250e40thstreet_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.

William Raveis Family of Services

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Antonetta FopianoSales Associate

781.888.6815

Antonetta.Fopiano@raveis.com

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Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 32556

339.224.0866

Scott.Petersen@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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250 E 40TH Street, #21C, New York (Murray Hill), NY, 10016

$628,000

Antonetta Fopiano

Sales Associate

William Raveis Real Estate

Phone: 781.888.6815

Antonetta.Fopiano@raveis.com

Scott Petersen

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 339.224.0866

Scott.Petersen@raveis.com

NMLS Mortgage Loan Originator ID 32556

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $502,400 $502,400 $502,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.156% 5.522%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,853 $3,009 $4,039
Total Monthly Payment $2,945 $3,101 $4,131

* 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.