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PARK & 87TH. . .
This charming one-bedroom provides one of the city's most prestigious addresses at a phenomenal price! Whether a primary residence or a perfect Manhattan pied-a-terre, this pin-drop quiet Park Avenue home boasts 10-foot beamed ceilings, windows in every room including the updated kitchen with room for bar stools, marble bath and oversized windows in the living room and bedroom. There's also beautiful herringbone floors, contemporary French doors between the living room & bedroom and ample closet space.
Designed in 1924 by famed architect J. E. R. Carpenter, this coveted pet-friendly white-glove prewar cooperative has an elegant lobby and only four apartments per landing. Amenities include
24-hour doorman, live-in resident manager, bike room, laundry facilities, and convenient storage options. Residents enjoy direct access to a neighboringgarage for added convenience. Just two blocks from Central Park and surrounded by the best boutiques, markets (including Morton Williams & Whole Foods), restaurants, museums and cultural venues the city has to offer. Easy access to multiple public transportation options. Building allows 50% financing and has a flip tax, payable by seller. When only the best will do.
(photos are virtually staged)
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.
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Our Executive Mortgage Banker:
$700,000
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 | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,354 | $3,494 | $4,613 |
| Total Monthly Payment | $3,446 | $3,586 | $4,705 |
* 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.