A highly coveted Plaza Suites with soaring ceilings measures approximately 476 sq ft (44. 2 sq m). This perfectly proportioned suite offers a spacious sitting room area, desk, wet-bar and Butler’s Pantry. The bathroom is finished in 24-carat gold plated Sherle Wagner faucets and the exquisite furnishings are classic Louis XV style. The master bath, is decorated with marble mosaic tile in a leaf-like pattern inspired by Central Park. There is also an owner’s closet in the hallway and beautiful light and city views to the South through over-sized windows. Priced competitively, this is a once in a lifetime opportunity to own a truly unique and spectacular pied-a-terre and high income producing property (net return and past years financials available upon request). Owners utilize the hotel rental management program while not in residence but have the option to use the suite for up to 120 days per annum at the owner’s discretion in addition to taking advantages of our they Fairmont property owner benefits. Call today for financials or a private viewing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,150 | $1,150 | $1,150 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,964 | $6,548 | $8,742 |
Total Monthly Payment | $7,239 | $7,823 | $10,017 |
* 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.