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Rarely Available High-Floor Corner One-Bedroom in Kips Bay!
Introducing Residence 12J, the highly sought-after J line on a high floor, on the market for sale for the first time since the building went co-op in the 1980s. Light and airy with fantastic bones and an expansive layout, this jumbo-sized corner one-bedroom with beautiful landmark views, is in very good condition and offers an extraordinary opportunity
to easily create your dream home.
Step into a welcoming entry hallway with two oversized closets to the left, leading to spacious, sun-drenched living space. At the far end, a wall of windows frames stunning city views, including the Empire State Building. Flooded with light morning through afternoon, culminating in lovely sunsets to the west, the enormous living room easily accommodates a living area, dining space, and home office.
The king-sized bedroom boasts two exposures with iconic views of the Empire State Building, NY Life Insurance building with its golden crown, and the Met Life Clock Tower. The spacious kitchen features abundant solid wood cabinetry including 3 pantries. There is a windowed bathroom, two HVAC units for year round comfort, and ample closet space, including a linen closet, ensure comfort and convenience. Priced to sell, this home offers limitless potential to transform into a showcase residence.
Spruce Ridge is a pristine, financially secure, 24-hour doorman co-op with an exceptional staff, including a live-in resident manager. Residents enjoy:
A welcoming lobby, beautifully decorated for holidays
High-speed elevators
A modern, card-operated laundry room
A planted roof deck with jaw-dropping city and river views
Bike room, storage, and garage (both waitlisted)
A retail store downstairs contributes to building income, enhancing stability.
Nestled on a charming, tree-lined block in vibrant Kips Bay, just two blocks north of Gramercy, this location offers unmatched convenience:
Nearby grocery options include Fairway, Trader Joe's, Whole Foods, D'agostinos and a huge Morton Williams
A variety of restaurants, pubs, and cafes nearby
Madison Square Park and Shake Shack only a few blocks west
Excellent transportation access
Pet-friendly with subletting permitted after two years for up to five years of every seven, subject to board approval.
This is a truly rare opportunity to own a high-floor corner home with spectacular city views in one of Manhattan's most desirable neighborhoods. Don't miss!
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:
$695,000
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 | $556,000 | $556,000 | $556,000 |
| 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 | $3,330 | $3,469 | $4,580 |
| Total Monthly Payment | $3,422 | $3,561 | $4,672 |
* 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.