Make this stunning combination 2 bedroom, 3 bathroom apartment your home or Pied-a-Terre! Price improvement for this fully renovated Central Park South apartment. Immerse yourself in breathtaking, unobstructed views of Central Park from this remarkable residence, nestled on the perfect floor of an iconic building. Whether you opt for full-time residency or a pied-à-terre, Manhattan's finest offerings are right at your fingertips. The expansive living and dining space, paired with the open kitchen, fosters an airy and welcoming environment. Featuring two generously sized, pin-drop quiet bedrooms with en-suite bathrooms, as well as an additional full third bathroom, this highly sought-after combined unit within the renowned Essex House is one-of-a-kind offering the unique opportunity for stunning Central Park Views. Embrace the quintessential Manhattan lifestyle in this extraordinary property, where W/D installations are permitted and both furnished and unfurnished options are available. Electricity & Wifi are included in the monthlies. The Essex House promises an elegant and fully serviced experience. Indulge in à la carte concierge services, including 24-hour room service, a bell desk, valet parking, spa facilities, a fitness center, sauna and steam room access, housekeeping, a business center, and an award-winning restaurant. Moreover, condo owners enjoy exclusive benefits at all JW Brand Hotels and Resorts worldwide, courtesy of Marriott. Utilities and Wi-Fi are encompassed within common charges. Pied-à-terre arrangements, as well as short and long-term rentals, are permitted, rendering this property a potentially lucrative income-generating hotel rental asset. Revel in luxurious living within one of Manhattan’s premier hotels, ideally situated steps away from Carnegie Hall, Lincoln Center, Broadway, and the upscale retail offerings of Columbus Circle, Fifth and Madison Avenues. All while residing in a private residence managed by the world’s leading hotel brand.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,950,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,160,000 | $3,160,000 | $3,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,191 | $19,714 | $26,453 |
Total Monthly Payment | $18,316 | $19,839 | $26,578 |
* 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.