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Welcome to an extraordinary residence nestled in the coveted Upper East Side neighborhood, just off the prestigious Park Avenue. This impeccably maintained large one-bedroom home exudes timeless charm with its prewar elegance and meticulous attention to detail. Upon entering, you'll be captivated by the grandeur of the 10-foot ceilings adorned with exquisite crown moldings and a wood-burning fireplace, creating an atmosphere of refined sophistication. Gorgeous hardwood floors flow seamlessly throughout the space, lending an air of warmth and character. Every room is equipped with through-wall A/C units, ensuring comfort in any season. The gracious living room serves as the heart of this home, featuring a wood-burning fireplace as its centerpiece and tasteful built-in bookshelves that add both functionality and aesthetic appeal. The windowed kitchen boasts full-size appliances and a dishwasher, making it a practical and inviting space. The bedroom offers ample closet space and comfortably accommodates a king-size bed, creating a serene haven for relaxation. The bathroom retains its original details, including a soaking bathtub, original sink, and fixtures. These elements add a touch of nostalgia and charm to the space. This remarkable apartment is located within a charming 1910 building, situated between Park and Madison Avenue. Steeped in history, it sits just a few doors down from the original family home of Franklin and Eleanor Roosevelt, further enhancing the allure of this landmark area. The cooperative building has a live-in superintendent, laundry room, a convenient storage options (waiting list), and has a pet-friendly policy. Please note that sublets and Pied-a-Terre are not allowed, there is a 2% flip tax, and 70% max financing. Don't miss this opportunity to witness firsthand the unique qualities that make this home an exceptional jewel within the Upper East Side's beautiful historic enclave. Please keep in mind that although the apartment is legally a two-bedroom, the current owner has converted it into a one-bedroom, resulting in a larger living room.
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Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
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 | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,188 | $4,475 | $6,071 |
Total Monthly Payment | $4,280 | $4,567 | $6,163 |
* 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.