New York (Turtle Bay), NY, 10022 | $799,000

Residence 4C at 230 East 50th Street offers timeless prewar charm paired with thoughtful modern updates in one of Midtown East's most distinctive cooperatives. Entry to the apartment is from a semi-private elevator landing and the dramatic living room features a beautifully maintained wood-burning fireplace, annually inspected and cleaned, creating a warm and elegant focal point. Beamed 8'8" ceilings, rich hardwood floors, and oversized casement windows enhance the apartment's classic architectural character. Through-the-wall air conditioning is installed in the bedroom for year-round comfort. The oversized south-facing bedroom overlooks the building's tranquil garden, providing exceptional quiet and natural light. The renovated windowed bathroom shares the same peaceful southern exposure. The renovated windowed kitchen is outfitted with granite countertops, a new LG refrigerator with French doors and an ice maker. There is a Miele dishwasher, and a professional-style JennAir range complete with grill and warming drawer - ideal for both everyday living and entertaining. And there is a powder room accessible from the kitchen as well. Built in 1929 as an artist studio cooperative and converted in 1958, 230 East 50th Street is a distinguished 12-story boutique building designed by Leonard Cox & Arthur Holden Associates, architects known for many notable residences of the era. The iconic lobby was designed by legendary interior designer Dorothy Draper, whose signature "Modern Baroque" style remains beautifully preserved and sets this cooperative apart from its contemporaries. Residents enjoy a private landscaped south-facing garden, planted roof terrace, laundry room, basement storage, and live-in superintendent. Pets and Pied-à-terre buyers are allowed as well as sub-letting (2 out of 6 years) Financing up to 75%.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 12
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Laundry: Building In Basement
  • Complex: 230 East 50th
  • Year Built: 1929
  • Common Charge: $3,042 Monthly
  • View: Other
  • Pet Policy: Building Yes,No
  • MLS#: RLS20093742
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/RLS20093742/230e50thstreet_newyork_ny?source=qrflyer
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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.
Listing courtesy of Coldwell Banker Warburg   Phone: (212) 439-4568

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Turtle Bay), NY, 10022

$799,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,200 $639,200 $639,200
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 $3,828 $3,988 $5,265
Total Monthly Payment $3,920 $4,080 $5,357

* 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.