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Welcome home to your bright, west-facing One bedroom residence offering excellent natural light and a loft-like feel enhanced by soaring 10-foot ceilings. The updated open kitchen flows seamlessly into the living room, featuring stainless steel appliances, a chic white tile backsplash, a breakfast bar ideal for casual dining and a large pantry for exceptional storage. The renovated bathroom is clean and timeless, finished with classic white subway tile, black-and-white mosaic flooring, soaking tub and Fresca medicine cabinet with LED lighting. Four large closets and custom built-ins provide abundant storage and support an efficient, highly practical layout. Long-strip hardwood floors, Legrand Adorne designer smart outlets and switches and custom light fixtures complete this home. Laundry is conveniently located on your floor.
A mid-rise full-service building located in the heart of NoMad, 159 Madison Avenue is a luxury living experience, offering unique layouts in a building that once served as the international headquarters for General Electric. It serves as home to an incredible, long-time staff and a warm community, featuring a beautifully landscaped roof deck, live-in resident manager, private storage on your floor and bike room, subject to availability (for rent). Washer/dryers instillation allowed in apartments, subject to board approval.
Because of its ideal location, the best of Manhattan is within a stone's throw in every direction, with Madison Square Park, Grand Central, Penn Station, Hudson Yards, Gramercy Park, Flatiron and Chelsea all mere blocks away. This vibrant neighborhood is home to an incredible number of diverse offerings: lovely and serene Madison Square Park, Whole Foods, Trader Joe's, Fairway Market, Dover Street market, Ritz Carlton NoMad, Equinox, New York Sports Club and acclaimed restaurants including Scarpetta, Eleven Madison Park, The Morgan Library and more. Excellent nearby public transportation options available include the 6, B, D, F, M, N, Q, R, W and PATH trains.
Pied-a-terres, parents purchasing for children, co-purchasers, guarantors (NY State resident) and gifts allowed, each subject to board approval. Pets (under 40 lbs) and subletting allowed (after 2 years of residency), each subject to board approval. All measurements and square footages are approximate and all information should be confirmed by customer.
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:
$550,000
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 |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| 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 | $2,635 | $2,745 | $3,624 |
| Total Monthly Payment | $2,727 | $2,837 | $3,716 |
* 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.