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NEWLY UPDATED, this LEGAL 2BED plus proper home office / den is the BEST DEAL ON THE UPPER EAST SIDE! (Listed as a 3 bedroom for search purposes only) Tons of SUNLIGHT pours through this apartment! WEST facing living room and Primary Bedroom EAST facing kitchen and 2nd Bedroom HUGE CLOSETS throughout including a walk-in closet in the Primary Large galley kitchen w/ window and a PANTRY PROPER DEN / HOME OFFICE Split Bedrooms / 2 full BATHS HVAC units BUILT-IN BOOKSHELVES & CROWN MOLDING 150 East 61st Street is a full service 24 hour doorman building featuring a FITNESS center, residents LOUNGE, LAUNDRY room, additional STORAGE, live-in resident manager, attached parking GARAGE, and BIKE storage (available for $30). Steps from several subway lines, restaurants and Bloomingdales, PRIMO LOCATION! And DON’T FREAK OUT! This land lease isn’t up for 85 years! There are no increases during this entire time, so forget it even exists!! The building has EXCELLENT FINANCIALS. Pets are welcome! Multiple lines of transportation are nearby including the 4/5/6/Q/R/N/F trains as well as crosstown bus service. Bloomingdales, Central Park, and all kinds of Upper East Side hotspots and cafes are steps away! SUBLETTING: Requires no waiting and is limited to 2 years. PURCHASE STRUCTURES: Pied-a-terre, parents buying for children and co-purchases are all ALLOWED! The building allows up to 70% financing. Monthly special assessment of $1, 814/month allocated for ground lease payments and capital improvements. DON’T MISS OUT ON THE BEST DEAL, IN THE BEST LOCATION, IN THE BEST CITY IN THE WORLD.
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:
$999,000
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 | $799,200 | $799,200 | $799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.996% | 5.932% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,352 | $4,728 | $6,637 |
| Total Monthly Payment | $4,444 | $4,820 | $6,729 |
* 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.