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ALMOST NOMAD! ABSOLUTELY FABULOUS LOFT STYLE 1+ BEDROOM W/12FT CEILINGS+ FORMAL DINING
Welcome to this fabulous 1+ bedroom mint loft style home with soaring 12-foot ceilings and expansive oversized west-facing windows offering lots of natural light and fantastic sunsets! This amazingly spacious (approximately 975ft ) rare find is one that you couldn't touch in
Nomad or Chelsea, yet it is a stone's throw away!
Thoughtful design details include an extraordinarily large Chef's kitchen with full-size high-end stainless steel appliances and long sweeps of stone countertops with a dishwasher, wine fridge, and tons of cabinet space. With its spacious "built for entertaining" living room with a custom 15-foot buffet console and very generous raised dining room (currently used as a 2nd bedroom), this home cannot be beat for style, space, and price. The king-sized master bedroom has a separate nook for an office and an enormous closet spanning 11 feet wide, all the way up to its 12-foot ceilings. There are also 2 other storage and custom closet areas, creating exceptional storage throughout. The renovated bathroom features a full bathtub, with a shower, and is conveniently located adjacent to the primary bedroom. A washer and dryer is allowed with board approval.
The building allows for flexible purchasing and ownership structures, including pied-à-terre, co-purchasing, and gifting. Unlimited subletting is permitted after two years of ownership.
Built in 1916 by Arthur Loomis Harmon, the architect who designed the Empire State Building, 244 Madison Avenue is a full-service prewar cooperative with a 24-hour doorman, live-in superintendent, new laundry facility on the lobby level, and a spectacular landscaped rooftop
deck with panoramic city vistas (Empire State Building)!
Easy access to Grand Central, Bryant Park, Madison Square Park, a 7-10 minute jaunt to Nomad or Chelsea, and transportation everywhere with options on the 4/5/6, 7, B/D/F/M, N/Q/R/W, and S trains. Supermarkets, dry cleaners, and all other services, plus lots of neighborhood eateries to enjoy!
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:
$895,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,065 | $4,350 | $6,042 |
| Total Monthly Payment | $4,157 | $4,442 | $6,134 |
* 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.