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New York (Hell's Kitchen), NY, 10019 | $1,790,000
Viewing by appointment only. Please schedule a private tour. All offers welcome.
Investor opportunity with tenant in place. Ideal for 1031 exchange buyers.
Experience refined city living in the heart of Hell’s Kitchen, just moments from Central Park, at FIFTY THIRD AND EIGHTH. Located on a high floor, this three-bedroom, two-bathroom corner residence offers open city views and abundant natural light from southern and western exposures.
Spanning approximately 1, 040 square feet, the home features hardwood flooring, an open-concept living and dining area, and individual air conditioning in every room. Designed by BP Architects with interiors by ASH NYC, the residence blends modern design with functional elegance.
The kitchen is appointed with Quartz countertops, white lacquer cabinetry, and premium Bertazzoni and Bosch appliances. Both bathrooms feature marble finishes and Kohler fixtures, with the primary bath showcasing scratch-resistant white marble.
This unit is being offered with an existing tenant in place, providing immediate rental income and making it well-suited for investors or buyers completing a 1031 exchange.
Residents enjoy access to premium amenities including a fitness center, steam room, and landscaped outdoor yard.
Positioned near Central Park and surrounded by premier dining, shopping, and cultural destinations, this property presents a strong opportunity to own a well-located Manhattan investment asset.
Features
- Town: New York
- Cooling: Window Unit(s)
- Levels: 25
- Rooms: 5
- Bedrooms: 3
- Baths: 2 full
- Laundry: Building Washer Dryer Install Allowed,Common Area,In Unit
- Year Built: 1979
- Common Charge: $1,287 Monthly
- Approx Sq. Feet: 1,040
- Est. Taxes: $20,016
- View: City
- Pet Policy: Building Yes,Yes
- Appliances: Dryer,Washer
- MLS#: RLS20072152
- Days on Market: 48 days
- Website: https://www.raveis.com
/prop/RLS20072152/301w53rdstreet_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.Listing courtesy of R New York Phone: (212) 688-1000
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (Hell's Kitchen), NY, 10019
$1,790,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 |
|
|---|---|---|---|
| Loan Amount | $1,432,000 | $1,432,000 | $1,432,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.806% |
| Monthly Tax Payment | $1,668 | $1,668 | $1,668 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,908 | $8,471 | $11,796 |
| Total Monthly Payment | $9,701 | $10,264 | $13,589 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535