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Perfectly positioned just one block from Central Park and on the corner of Madison Avenue, Apartment 7G is a beautifully renovated, exceptionally quiet one-bedroom residence in one of the Upper East Side's most sought-after Condops. A gracious entry foyer with a generous coat closet opens into an expansive living and dining room, creating an inviting space ideal for both everyday living and entertaining. Facing west, the apartment enjoys wonderful natural light throughout the afternoon while offering a rare sense of peace and privacy. Although there are no open views, the serene outlook provides a tranquil retreat in the heart of Manhattan. The renovated galley kitchen is finished with crisp custom cabinetry, marble countertops, and a matching marble backsplash. Premium stainless-steel appliances include a Bosch five-burner gas range and oven, Bosch dishwasher, and Fisher & Paykel refrigerator, creating a kitchen that is both beautiful and highly functional. The spacious bedroom comfortably accommodates a king-size bed and offers excellent closet space. The renovated bathroom features a clean, contemporary design with floor-to-ceiling marble-look porcelain tile in soft white tones. A sleek floating vanity with integrated storage is topped with a modern rectangular sink and complemented by a frameless mirrored medicine cabinet. The full-size bathtub is enclosed by elegant frosted glass sliding shower doors. Additional highlights include beautifully refinished parquet wood floors, through-the-wall air conditioning, and five oversized closets, one of which is currently configured as a home office. 20 East 68th Street is a meticulously maintained full-service Condop that owns its land—this is not a land lease. Residents enjoy the services of a full-time doorman, a live-in resident manager, private storage, a bike room, and a well-maintained laundry facility. One of the building's greatest advantages is its exceptionally flexible ownership structure. Operating under condo rules, there is no board approval and no board interview, allowing for a seamless purchasing process. Unlimited subletting is permitted, and the building welcomes investors, pied-à-terres, foreign buyers, guarantors, gifting, and purchases by parents for children. Located in the heart of Manhattan's prestigious Gold Coast, moments from Central Park, Madison Avenue's world-renowned boutiques, acclaimed restaurants, museums, and convenient transportation, Apartment 7G presents an exceptional opportunity to own a quiet, move-in-ready residence with remarkable ownership flexibility in one of New York City's most coveted neighborhoods. A 2% flip tax is payable by the purchaser.
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:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,132 | $6,475 | $9,114 |
| Total Monthly Payment | $6,257 | $6,600 | $9,239 |
* 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.