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Penthouse C is a renovated two-bedroom, two-and-a-half-bath with open city south, east and west exposures; it is distinguished by ten foot ceilings, exceptional light, views, terrace and thoughtfully executed upgrades. A gracious gallery leads to a sun-filled east-facing living room, where open sight lines extend to the formal dining room and outward west to striking skyline and Central Park views. With exposures in every direction but north, the residence is illuminated throughout the day with a rare consistency of natural light. Enhancements by the current owner include the installation of oversized picture windows in both bedrooms, framing captivating views south over the city and west toward Central Park. Two bathrooms have been beautifully renovated, and bleached parquet floors lend a fresh, contemporary balance to the layout. Both corner bedrooms offer generous proportions and double exposures. The windowed west-facing kitchen is equipped with a washer and dryer, and the ceiling heights contribute to an overall sense of openness and ease. A private terrace with two access points extends from the primary bedroom to the living room, creating a seamless indoor-outdoor connection and a wonderful setting for entertaining. 650 Park Avenue is a full-service, white-glove cooperative offering a landscaped roof deck, fitness center, storage, and preferred pricing to adjacent garage parking. Utilities are included in the maintenance. Pets are welcome. 50% financing is permitted. 2% flip tax/buyer. There is an ongoing assessment of $885. 50 per month.
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.
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Our Executive Mortgage Banker:
$3,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,796,000 | $2,796,000 | $2,796,000 |
| 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% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,657 | $16,989 | $23,406 |
| Total Monthly Payment | $15,782 | $17,114 | $23,531 |
* 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.