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HIGH FLOOR MINT THREE BED W/ CENTRAL PARK VIEWS
1, 884 square foot condo features elegant oversized windows, high ceilings, city and Central Park Views. Entry foyer leads to a 25 foot living /dining room with picturesque South Central Park views through a wall of windows. The open chef's eat in kitchen has granite countertops and top appliances including Miele dishwasher, SubZero refrigerator and wine cooler as well as a double oven with nine jet gas range. Completing the entertaining space is a 16 foot balcony overlooking Central Park.
The master bedroom suite has West open views, a huge walk in closet and a spa like marble bath with a deep soaking bathtub and separate shower with rain showerhead. There are two additional bedrooms, one currently configured as a library with a custom built in media center and storage, and open city views. There is also a second full bath that serves as a powder room. Additional features include a washer/dryer, central air conditioning, motorized window treatments, integrated audio system, and hardwood floors.
5th On The Park was built in 2007 and is a full service condominium designed by renowned architects FXFowle. Amenities include doorman, concierge, fitness center, indoor heated pool, outdoor rooftop terrace, playroom, garage and laundry room. Located in South Harlem residents covet their proximity to Marcus Garvey Park, Central Park and the Mount Morris Historic District with trendy cafes, gourmet restaurants and cultural institutions.
The lease term is a minimum of one year.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $6,400 | $6,400 | $6,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $43 | $43 | $55 |
Total Monthly Payment | $118 | $118 | $130 |
* 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.