641 Fifth Avenue Apt. 42H and Apt. 42A Extraordinary Valuable Opportunity
Two properties Apt. 42H and Apt. 42A, are offered for sale. Each offers unique views - NW and SW respectively Both corner units! Seller willing to sell at the same time both units.
Apt. 42H approx. 1791sf and Apt. 42A, approx 2249 sf feature spacious living/dining rooms, separate kitchens with high end appliances -Gaganeau, Miele, and Subzero, lovely wood cabinetry, and stainless-steel counters. The many closets with fitted storage space and large bedrooms with marble baths en suite contribute to a lifestyle so highly sought after that is graceful, comfortable, and serene. The iconic building is recognized globally as a residence chosen by princes, movie stars, industry leaders, and entrepreneurs. Each pricing at $5, 000, 000. respectively.
Olympic Tower's many longtime residents have selected this magnificent building as their home specifically to live in a location that showcases 5-star restaurants, Rockefeller Center, the theater district, and flagship designer shop. Private, cordial, polite, and impeccably managed by its on-site general manager, the staff of doormen, concierge, and building engineers offer discrete service to each resident. The building's infrastructure includes a 4-pipe HVAC system, its own generator, four elevators and a service elevator.
Amenities include -valet parking, private gym, bike storage, and package room.
1 percent transfer fee by the buyer, sorry no pets, pieds-a-terre, and corporate purchasers, permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $6,800,000 | $6,800,000 | $6,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,610 | $41,869 | $56,468 |
Total Monthly Payment | $38,735 | $41,994 | $56,593 |
* 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.