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Welcome to Residence 9M at 55 East 87th Street, a rare opportunity to renovate and customize a generously proportioned one-bedroom, one-bathroom cooperative just off Madison Avenue in the heart of the Upper East Side. Set on a quiet, tree-lined block, this home offers a well-designed layout, classic hardwood floors, and exceptional bones, providing the perfect canvas to create a residence tailored to your vision. A gracious entry leads into an expansive living and dining room spanning approximately 28 feet in length, offering exceptional flexibility for entertaining, relaxing, or working from home. Large windows fill the space with natural light, while the thoughtful floor plan provides a seamless flow throughout. The spacious 19-by-12-foot bedroom easily accommodates a king-size bed along with additional furnishings and generous storage, creating a comfortable and peaceful retreat. 55 East 87th Street, known as The Parc, is a well-established full-service cooperative offering exceptional service and management. Residents enjoy a 24-hour doorman, live-in superintendent, elegant marble lobby, on-site laundry, bike storage, and an attached garage. Ideally located just moments from Central Park, Museum Mile, Madison Avenue's premier boutiques, acclaimed restaurants, and convenient transportation, Residence 9M presents a rare opportunity to customize a spacious home in one of the Upper East Side's most sought-after locations. Some photos have been virtually staged.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$675,000
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 | $540,000 | $540,000 | $540,000 |
| 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 | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,234 | $3,410 | $4,484 |
| Total Monthly Payment | $3,326 | $3,502 | $4,576 |
* 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.