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Welcome to Residence 4B at 1420 York Avenue, a bright and thoughtfully updated studio in a condominium building, offering an exceptional opportunity for both first-time buyers and investors alike.
One of the larger layouts in the building, this home stands out for its highly desirable western exposure, facing York Avenue and bringing in beautiful natural light throughout the day. The apartment also offers excellent flexibility, with a layout that can easily be converted into a one-bedroom, creating meaningful upside for both end users and those looking for a strong rental investment.
The kitchen and bathroom have both been updated and renovated, giving the apartment a clean, modern feel, and the kitchen is equipped with a brand new dishwasher for added convenience.
Whether you are looking for the perfect starter apartment to begin building equity, a pied-à-terre, or an income-producing property with future potential, this is a rare chance to own one of the best studio lines in the building.
1420 York Avenue is a pet-friendly (only cats) elevator building with a live-in superintendent, laundry room, and shared roof deck. Located just minutes from Cornell Hospital, the 2nd Avenue Q train, John Jay Park, Carl Schurz park, and some of the Upper East Side's best restaurants, gyms, and shops.
Please note photos are virtually staged. See alternative Floorplan for one bedroom option.
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:
$498,000
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 | $398,400 | $398,400 | $398,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,453 | $2,516 | $3,308 |
| Total Monthly Payment | $2,528 | $2,591 | $3,383 |
* 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.