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Seller providing $1, 500/month tax rebate for 5 years totaling $90K
Apartment 7B is a sun-drenched and expansive luxury 4-bedroom condominium with a large private terrace overlooking the beauty of Morningside Park from every window. Located in a beautiful and convenient location, this gracious home offers a gorgeous formal expanse and a wonderful separation of entertaining and private living, all surrounded by floor-to-ceiling windows showcasing lush green tree views. Sun-filled throughout the day facing both south and west, the corner home is filled with every luxury comfort, quality high-end finish and top-of-line appliances. Modern luxuries include central air conditioning and heating, very generous closet storage, a full laundry closet, stunning kitchen with central island and all Bosch appliances, spa-like bathrooms, gorgeous white oak floors, and a huge private terrace off the formal expanse overlooking the Park. Wonderful for entertaining, dining al fresco, and planting, the 16' private terrace is accessed just off the formal expanse and enjoys gorgeous Park views. The corner formal expanse showcases glorious views from full walls of windows and features an open, eat-in chef's kitchen with custom, Italian oak cabinetry, plentiful White Macaubas quartzite and polished white quartz counters, a large central island with waterfall edge and breakfast seating, and top-line Bosch appliances including custom-paneled Wi-Fi refrigerator/freezer, dishwasher, gas range oven and microwave. The bedroom wing features 4 spacious and sun-drenched bedrooms, two-and-a-half spa bathrooms and a large laundry closet with Bosch washer and dryer. The luxurious primary suite features a spa bath with white Carrara marble floors, accented with black glass tiling, Voss medicine cabinet, custom white lacquer vanity by Duravit, sleek chrome fixtures and fittings by Moen and a walk-in seamless glass shower. The second full bathroom boasts an ash-gray porcelain tile floor with classic white subway tiled walls, fixtures by Duravit and chrome fittings by Moen. The powder room or guest bathroom is finished with rich anthracite porcelain tile floors and walls with chevron mosaic accents.
375 West 123rd Street, also known as 99 Morningside, is a luxury condo with 23 apartments across from Morningside Park and offers a stylish, attended lobby with part-time doorman hours: weekdays 4PM to 11PM, plus a 24/7 virtual doorman and comes equipped with a high-performance fitness center, bike storage facility, and a furnished sun deck. The building offers a a modified 421a tax abatement. Pets and pieds-a-terre permitted. Actual RE Taxes are $2, 067 before tax rebate.
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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 |
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Loan Amount | $1,756,000 | $1,756,000 | $1,756,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,387 | $11,099 | $15,056 |
Total Monthly Payment | $10,512 | $11,224 | $15,181 |
* 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.