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With the Empire State Building literally framed in your window, Apartment 9E at 242 East 25th Street delivers one of Manhattan's most iconic backdrops alongside a sun-filled, south-facing home with modern comforts. This condop with condo rules permits investors, co-purchasers, guarantors, pieds-à-terre, pets, and immediate subletting. The gracious living room is flooded with natural light and offers generous space for both lounging and entertaining. The kitchen, featuring a breakfast bar and stainless steel appliances, opens directly to the living area, creating an easy flow ideal for everyday living and hosting alike. The private sleeping area is thoughtfully separated from the main living space and features a walk-in closet (7'7" x 7'7") — an exceptional storage amenity rarely found in this price range. An in-unit washer/dryer adds to the convenience. Building amenities include a live-in superintendent, part-time doorman (8: 00 a. m. –12: 00 a. m. ), a common roof deck with panoramic Manhattan skyline views (including the Empire State and Chrysler Buildings), a large windowed fitness center directly off the lobby, storage (for rent), bike storage, and a common laundry room. Conveniently located near the 6, N and R trains, Madison Square Park and the finest amenties Kips Bay and Gramercy have to offer. **Please note the rooms currently configured and/or marketed as bedrooms in this apartment do not meet the legal requirements for bedrooms under applicable New York City building and housing codes. Legally a studio unit.
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:
$359,000
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 |
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|---|---|---|---|
| Loan Amount | $287,200 | $287,200 | $287,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,720 | $1,813 | $2,366 |
| Total Monthly Payment | $1,795 | $1,888 | $2,441 |
* 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.