New York (Central Park South), NY, 10019 | $1,295,000

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!

Features

  • Town: New York
  • Levels: 20
  • Rooms: 1
  • Baths: 1 full
  • Lot Size: 0.000000x0.000000
  • Laundry: Common Area
  • Year Built: 1907
  • Common Charge: $4,837 Monthly
  • Approx Sq. Feet: 476
  • Est. Taxes: $13,800
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • MLS#: COMP-102828872639305
  • Days on Market: 978 days
  • Website: https://www.raveis.com
    /prop/COMP-102828872639305/7685thavenue_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Central Park South), NY, 10019

$1,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $1,036,000 $1,036,000 $1,036,000
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 $1,150 $1,150 $1,150
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,964 $6,463 $8,673
Total Monthly Payment $7,239 $7,738 $9,948

* 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.