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Situated on a quiet, picturesque Upper East Side block just moments from the Promenade, Carl Schurz Park, and the East River, Apartment 4W at 517 East 87th Street is a sun-filled and charming one-bedroom home with a flexible loft space. Light streams in through eight windows and three exposures-north, south, and west. Fabulous features include 10-foot-high ceilings, hardwood floors, exposed brick, a spacious living room with room for dining, a sun-filled windowed kitchen, in-unit laundry, and generous storage.
The home's layout provides seamless entertaining and private living, highlighted by an over 22-foot living room with dining area flanked by two windows, and a fully outfitted kitchen featuring stainless steel appliances including a dishwasher and built-in microwave, sleek quartz countertops complemented by a ceramic tile backsplash, generous cabinet storage, and a laundry closet with full-size washer and dryer.
The bedroom is completely set apart from the rest of the home and enjoys lovely tree-lined block views, a huge walk-in closet, and a large loft area that offers exceptional flexibility. The loft can serve as a home office, additional storage space, or sleeping area allowing the main bedroom level to be utilized in a variety of ways depending on the owner's needs. The renovated bathroom features a seamless glass spa shower.
This bright and lovely residence is situated within a beautiful townhouse co-op in one of the Upper East Side's most charming and tranquil locations.
517 East 87th Street is a boutique 5-story prewar 25'-wide townhouse co-op building that was built in 1925. The pet-friendly cooperative offers low monthly charges. Pieds-à-terre are permitted with board approval on a case-by-case basis.
517 East 87th Street is located between York and East End Avenues on a lovely, quiet block on the Upper East Side, a half block from the East River Promenade, Carl Shurz Park (with pickleball courts, a basketball court, and a small dog park),
and Gracie Mansion, all with stunning views of the River. The proximity to Gracie Mansion makes the area safe and secure. There are several bus lines within a few blocks, Q subway train at 86th and Second Avenue, as well as an entrance to FDR Drive for a seamless escape from the city or a fast taxi ride downtown. The NYC Ferry, only a few blocks away, is a pretty transport option downtown to Wall Street with stops along the way.
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.
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Our Executive Mortgage Banker:
$650,000
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 | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,202 | $3,330 | $4,353 |
| Total Monthly Payment | $3,294 | $3,422 | $4,445 |
* 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.