301 E 62ND Street, #14B, New York (Lenox Hill), NY, 10065 | $595,000

Create Your Oversized, Sunny Corner 1-Bedroom Dream Home with Low Monthlies

301 East 62nd Street, Apt. 14B - Lenox Hill / Upper East Side

High-floor, oversized and sunny corner one-bedroom with both north and east-facing open city views, in a boutique concierge doorman co-op, in the sought-after Upper East Side Lenox Hill neighborhood. This home features an apprx 28' generously sized living room with plenty space for both living and dining. The kitchen and bathroom have the possibility of being expanded and offer the perfect opportunity to turn this apt into a modern and very special home. The buildings unusually low maintenance, from owning the retail space in the building, helps keep monthly payments low. Note virtually staged photos for inspiration only.

The building delivers every convenience: 24-hour doorman, concierge, live-in super, landscaped roof deck, on-site laundry, package and bike rooms, and direct parking garage access (separate fee; wait list may apply). Storage units are also available (separate fee).

Financial strength sets this cooperative apart with consistently low maintenance, group-discounted electricity, and no flip tax. The coop (and it's shareholders) own the retail space which produces monthly income that offsets the maintenance. Pied-à-terres, sublets, co-purchasing, guarantors, and parents buying for adult working children are permitted. Pets under 30 pounds are welcome. 75% financing.

Ideally located above the congestion pricing zone, near trendy restaurant and shops, the Q, 4, 5, 6, N, R, F trains, the Queensboro Bridge, and the Hampton Jitney. This home combines space, views, convenience, location, and long-term value in one of Manhattan's most sought-after neighborhoods.




Features

  • Town: New York
  • Cooling: Other
  • Levels: 14
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building None
  • Year Built: 1958
  • Common Charge: $1,530 Monthly
  • View: City
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20054667
  • Days on Market: 221 days
  • Website: https://www.raveis.com
    /prop/RLS20054667/301e62ndstreet_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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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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301 E 62ND Street, #14B, New York (Lenox Hill), NY, 10065

$595,000

The Simpson Group

Sales Associates

William Raveis Real Estate

Phone: 561.262.6263

TheSimpsonGroup@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $476,000 $476,000 $476,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,931 $3,006 $3,953
Total Monthly Payment $3,023 $3,098 $4,045

* 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.