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Grand Scale Living on a Quiet Cul-de-Sac: 420 East 51st Street, Apartment 8DE **Welcome to your sprawling new residence in the heart of prestigious Beekman Place. ** Apartment 8DE at the full-service Morad Beekman offers a rare and exceptional opportunity to own a massive, combined co-op unit, providing the space and privacy of a house with the convenience of a Manhattan full-service building. Residence Highlights: *Extraordinary Scale: This impressive combination apartment offers a flexible and expansive layout, perfect for large families or those who simply desire generous living space. *4 Bedrooms, 3 Full Bathrooms: Enjoy maximum privacy with separated sleeping quarters, including a potential primary bedroom suite with an en-suite bath. *Bright Exposures: Located on the 8th floor, the home is filled with natural light, and depending on exposure, may offer serene views overlooking the historic Beekman townhomes. *Elegant Finishes: Find beautiful details throughout, which may include hardwood floors, crown moldings, and ample closet and storage space. This building is an impeccably maintained, post-war cooperative located on a quiet, tree-lined cul-de-sac just a half block from Peter Detmold Park and the East River promenade. Building Amenities Include: *24-Hour Service: Full-time uniformed Doorman and Concierge service for security and convenience. *Recreational Spaces: A beautifully landscaped rooftop deck with sweeping city and East River views, perfect for relaxing or entertaining. *Fitness & Storage: Residents have access to a well-equipped fitness center/gym, a laundry room, bike storage, and private storage options. *Convenience: On-site garage parking is available at a discounted rate for shareholders. *Flexible Policies: The building is pet-friendly and allows co-purchasing, guarantors, and pied-à-terre ownership. Prime Beekman Location: Enjoy the tranquil, neighborhood feel of Beekman Place, while remaining steps away from the bustling culture and convenience of Midtown East and Turtle Bay. You are moments from the United Nations, a variety of international dining options, and excellent transportation links, including nearby access to Grand Central Terminal. This is a phenomenal opportunity for an oversized family home in one of Manhattan's most desirable and peaceful enclaves. Schedule your private viewing today!
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Our Executive Mortgage Banker:
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$629,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $503,920 | $503,920 | $503,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,941 | $3,062 | $4,084 |
| Total Monthly Payment | $3,033 | $3,154 | $4,176 |
* 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.