SPECTACULAR, PANORAMIC CENTRAL PARK VIEWS from this high floor, renovated 2 Bedroom/2 bath located at the Iconic Essex House - 160 Central
Park South
Indulge in the luxurious lifestyle at the renowned Essex House Condo, Apt 1115 is a "flexible" 2 bed home. Boasting an unparalleled panoramic views of Central Park that are forever protected, making it perfect as a pied-Ã -terre, primary residence, or a truly unique investment opportunity with the option of month-to-month income rentals.
Central A/C Oversized Windows with window seats to enjoy your sprawling views of the parkRenovated kitchen includes -rosewood cabinets & marble countertops Herringbone floors Built in bookcases 7 large closets In unit Washer and Dryer Pets allowed Daily Housekeeping Building Gym/ Spa Concierge Services Award Winning New Steakhouse Short Term Rental PermittedThe Essex House provides state-of-the-art fitness facilities, impeccable concierge service, fine dining options, and even welcomes pets. Additionally, residents can enjoy the convenience of 24-hour room service. Its prime location in close proximity to Fifth Avenue, Lincoln Center, and the enchanting Central Park makes it an even more desirable choice, especially as we approach the vibrant season of spring. Investors will appreciate the shorter term rental policy the building affords
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,999
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 | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,627 | $14,777 | $19,930 |
Total Monthly Payment | $13,752 | $14,902 | $20,055 |
* 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.