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Investment Opportunity! Tenant in place, one of the highest rents in this line. This expansive north- and south-facing JR-4 is one of the largest one-bedroom plus home office layouts available in Hell's Kitchen within a luxury full-service building at this price point.
Located at The 505 Condominium, the floor-through residence offers a flexible and inviting layout that's perfect for both living and working. A spacious living area is anchored by a central dining room or home office, providing true versatility - a rare feature in this category.
The sleek, modern kitchen by Mastri La Cucina features a Fisher & Paykel refrigerator, Bosch appliances, marble countertops, custom cabinetry, and an in-unit washer/dryer. The spa-like bathroom is finished with Zebrano wall tiles, Rocky River marble counters, Kohler fixtures, a rain shower, and custom Wenge cabinetry.
Designed by H. Thomas O'Hara Architects, The 505 offers thoughtfully curated amenities including a 24-hour fitness center, two landscaped roof decks, a serene central garden, bike storage, laundry room, and full-time doorman service.
This is a standout value in one of Manhattan's most vibrant and convenient neighborhoods.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$917,000
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 |
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|---|---|---|---|
| Loan Amount | $733,600 | $733,600 | $733,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,108 | $4,457 | $6,141 |
| Total Monthly Payment | $4,200 | $4,549 | $6,233 |
* 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.