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COMMUTERS DREAM! OVERSIZED 1BR / CONVERTIBLE 2BR CONDO IN PRIME MIDTOWN EAST WITH DINING AREA, BRIGHT LIGHT AND TREE TOP VIEWS IN A DOORMAN BUILDING - ALL WITHIN A SHORT DISTANCE TO GRAND CENTRAL TERMINAL. Bright, spacious, and exceptionally well-priced, Residence 7G at 240 East 46th Street offers the rare opportunity to own a large one-bedroom condominium that has been thoughtfully converted into a flexible two-bedroom layout. Nestled among treetop views on a quiet residential block, this inviting home combines comfort, functionality, and an unbeatable Midtown East location just moments from Grand Central Terminal. The Unit: Originally designed as an oversized one-bedroom, this versatile home features a spacious layout with excellent natural light and abundant storage throughout. The separate kitchen is finished with white cabinetry, white tile, and full-sized stainless-steel appliances, including a dishwasher. A dedicated dining area and foyer create a welcoming entrance and provide additional flexibility for entertaining or everyday living. The king-sized primary bedroom easily accommodates substantial furniture, while the converted second bedroom or home office comfortably fits a queen-sized bed and additional furnishings. Additional features include: • Bright treetop views and excellent natural light • Separate dining area and foyer • Spacious king-sized primary bedroom • Flexible second bedroom/home office • Solid hardwood floors throughout • Ample closet and storage space • Two through-the-wall air conditioning units • Full bathroom with floor-to-ceiling white tile, tri-view mirrored medicine cabinet, and tub/shower combination The Building: Located on a picturesque tree-lined block in Turtle Bay, 240 East 46th Street is a full-service luxury condominium known for its welcoming atmosphere and attentive staff. Building amenities include: • Full-time doorman • Live-in resident manager • Two elevators • Laundry room • Bike room • Dedicated maintenance staff and porters • Pet-friendly building • Smoke-free building The Neighborhood: Conveniently positioned in the heart of Midtown East, residents enjoy immediate access to Grand Central Terminal, Metro-North, the Long Island Rail Road, and the 4, 5, 6, 7, and Shuttle subway lines. A rare combination of size, flexibility, value, and location, Residence 7G offers exceptional Midtown Manhattan living in a full-service condominium just moments from everything New York City has to offer. *NOTE - There is currently a monthly assessment of $211. 63 in effective until 1/1/2028 *NOTE - The unit currently has a wall up to create the 2nd BR. Some images have been virtually staged / renovated to show the unit without the wall up and as a 1BR
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:
$749,000
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 | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $934 | $934 | $934 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,589 | $3,783 | $4,976 |
| Total Monthly Payment | $4,615 | $4,809 | $6,002 |
* 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.