166 East 61st Street, Apartment 10M is a renovated high-floor alcove studio/convertible one bedroom and Washer/Dryer's are permitted in the unit. With Southern exposures and an abundant of natural light and open city views. The evening views are breathtaking. Located in a full-service building in the heart of the Upper East Side, this south-facing apartment offers a perfect pied-a-terre or primary residence. The spacious layout features a 30' long living space with a separate bedroom alcove, providing ample room for living, dining, and sleeping. The apartment boasts four deep closets, including a walk-in dressing room in the large full bathroom. Additional features include through wall air conditioning and heating, renovated hardwood floors, crown moldings, and a garbage disposal in the kitchen.
166 East 61st Street is a sought-after cooperative building with a full-time doorman/concierge, live-in superintendent, and desirable amenities such as a courtyard, laundry room, bike room, and common storage. Pets are permitted with board approval, and pieds-a-terre are also allowed. The location offers easy access to great restaurants, Madison Ave shopping, Trader Joes, Whole Foods, and convenient transportation options. Don't miss this opportunity to live in one of the best neighborhoods on the Upper East Side.
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Our Executive Mortgage Banker:
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$495,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,668 | $2,632 | $3,340 |
Total Monthly Payment | $2,743 | $2,707 | $3,415 |
* 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.