|
|
UES: Star-Gazing Balcony, No Board Approval - Low Monthlies
301 East 62nd Street, Apt. 14A - Lenox Hill / Upper East Side
High-floor, large one-bedroom sponsor unit with an almost 24' terrace extending from the bedroom to the living room with sweeping north-facing city views. Located in the sought-after Upper East Side Lenox Hill neighborhood, the home in this boutique concierge doorman cooperative offers the perfect opportunity for a custom renovation and the rare opportunity to purchase a Sponsor Sale with no board approval required, making your path to ownership effortless.
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, no transfer tax, 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 50 pounds are welcome. 75% financing.
Ideally located above the congestion pricing zone, near trendy restaurants and shops, the Q, 4, 5, 6, N, R, F trains, Queensboro Bridge, and the Hampton Jitney. This home combines the speed and ease of purchasing with no board approval, sweeping views from an extra long balcony, and low maintenance, in one of Manhattan's most sought-after neighborhoods.
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:
Our Insurance Division:
$679,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $543,200 | $543,200 | $543,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,084 | $3,253 | $4,331 |
| Total Monthly Payment | $3,176 | $3,345 | $4,423 |
* 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.