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Mint Condition Hybrid-Home in the sweet spot of the Upper West Side/Lincoln Center has been thoughtfully designed and meticulously finished. The best of both worlds, this unique "hybrid" home features the benefits of a one bedroom with the monthly maintenance of a studio!
Welcome to an open space with 10. 5 Foot High elevated ceilings, custom recessed lighting, ceiling fans, a transom, and millwork details defining the layout. A full-sized kitchen with island countertop was renovated with stainless steel appliances, pristine cabinetry, tile backsplash, ample storage and food prep space. Hardwood floors run throughout the apartment and Oversized windows are outfitted with Levolor motorized silhouette shades. Custom in-wall storage is seamlessly integrated, maximizing functionality and organization.
The hybrid room features a custom fold out desk with built in-shelving, and outfitted floor-to-ceiling walk in closet. The spacious bathroom contains stone tile and a windowed shower stall. Built-in washer and dryer is included which is an unusual perk to find in a prewar co-op at this price point. Views face south into a quaint courtyard and light comes in, offering a wonderfully private and quiet respite from the hustle and bustle of the exciting neighborhood destination.
140 West 69th Street (The Lincoln Spencer) is a Prewar Doorman/Full Service co-operative in a Beaux-Arts landmarked building. Well-maintained, with a live-in Resident Manager and staff, renovated elevators and hallways (some plans are underway to refurbish the lobby). Recent landscaping project with plantings and landscape lights brought greenery to the coop's front entry. On a charming townhouse block with a model block association in the neighborhood, Pied-a-terres, and parents co-purchasing with adult children are welcome. Proximate to all express transportation and conveniences including the best restaurants, shops, and multiple parks out your front door. Sublets are unlimited after a 5 year primary residency requirement, with board clearance. Well managed financials have kept this co-op strong, and apartment values at their highest. There is a 2% flip tax paid by buyer and ongoing monthly assessment of $141. 46.
This type of hybrid home is very unusual to find at The Lincoln Spencer, and offers a rare opportunity to move right in and enjoy the high end renovation completed by the current owners without any hassle.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $559,200 | $559,200 | $559,200 |
| 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 | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,175 | $3,349 | $4,495 |
| Total Monthly Payment | $3,267 | $3,441 | $4,587 |
* 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.