516 East 82nd Street, #1R, New York (Upper East Side), NY, 10028 | $1,075,000

RARE COVETED SPONSOR SALE NO APPROVAL OR FINANCIAL REQUIREMENTS

Meticulously renovated full floor-through townhouse duplex, unique 2-bedroom, 2-bathroom, with a huge fenced-in PRIVATE GARDEN, featuring an architecturally designed proper staircase and in-unit washer/dryer. Enjoy low maintenance, no underlying mortgage on the building, and UNLIMITED SUBLETTING after two years of ownership with approval.

Thoughtfully renovated with luxurious modern amenities while preserving the integrity of its prewar details, this residence boasts blonde oak plank floors, a restored decorative marble fireplace with a whitewashed chimney, and soaring 11-foot ceilings. The centerpiece of the home is the expansive living and dining room, surrounded by oversized horizontal wraparound windows that extend across the entire space, showcasing tranquil garden and treetop views while flooding the residence with natural light. The dramatic scale and loft-like feel make this home enticing for both entertaining and everyday living.

The open chef's kitchen is designed for both everyday living and entertaining, featuring granite countertops, custom cabinetry, under-cabinet lighting, and premium stainless steel appliances. A proper entry foyer leads to the main-level bedroom, complete with a custom walk-in closet and beautifully renovated windowed bathroom.

A striking architecturally designed glass staircase with custom oak bannisters and generously proportioned wide steps connects the two levels, creating a true townhouse feel while offering both elegance and ease of access. Thoughtfully designed, it separates the bedroom suites for ultimate privacy.

The second level features a spacious second bedroom or home office, barrel-vaulted brick ceilings, exposed steel beams, a spa-inspired windowed bathroom, a dedicated laundry room, and additional storage areas, creating a flexible and functional private retreat.

The enormous private garden is fully enclosed for exceptional privacy and security. Newly paved and equipped with water and electrical connections, along with custom built-in planter boxes, this rare outdoor space offers endless possibilities for gardening, entertaining, outdoor dining, or simply enjoying your own private green retreat. Additionally included in this sale are the fire pit, outdoor furniture, custom blinds installed in all rooms, two through-the-wall new AC units, and one new window unit.

Situated on a quiet, non-through tree-lined tranquil street close the Q train, all mass transit, and retail stores. This financially sound cooperative has no flip tax and is both pet-friendly and smoke-free. Investor-friendly, with unlimited subletting permitted after two years of ownership with approval. Building amenities include bike storage, laundry facilities, a part-time superintendent, a restored facade, and a new solar roof installation underway with no assessments.

The purchaser pays the sponsor's transfer fees and legal fees, as there is no approval for purchase.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 5
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1920
  • Pet Policy: No Pets
  • Washer / Dryer: Yes
  • Service Level: Voice Intercom
  • OLR#: RLS20094611
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RLS20094611/516east82ndstreet_newyork_ny?source=qrflyer
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 Douglas Elliman Real Estate

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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

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516 East 82nd Street, #1R, New York (Upper East Side), NY, 10028

$1,075,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $860,000 $860,000 $860,000
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% 6.259% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,816 $5,225 $7,199
Total Monthly Payment $4,941 $5,350 $7,324

* 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.