Classic Prewar Gem
Welcome to Apt. 8A, a bright and cheery 5 room, 2-bedroom, 2-bathroom home in the perfect Upper East Side location.
The living room is bathed in southern light, adorned with classic moldings, and features a charming fireplace. The dining room, designed for versatility,
accommodates both dinner parties and everyday modern living. Adjacent to it, is the windowed kitchen, offering ample storage and counter space.
The south facing primary bedroom, nestled in the corner, is well proportioned and serves as a sun-drenched retreat. This bedroom is complemented by ample closet space and an en-suite windowed bathroom. The generously sized second bedroom has an accessible windowed bathroom through the bedroom hallway.
This home has a wonderful flow and a classic layout. Fine features include high ceilings, classic moldings, beautiful wood flooring, and abundant closet and
storage space.
425 East 86th Street is a prewar cooperative built in 1929. Amenities include a full-time elevator operator/lobby attendant, live-in resident manager, bike
room, common storage room and laundry. The building permits 75% financing and in-unit washer/dryers. Pets are allowed with board approval. Note, no dogs over 60 lbs. There is a 2% flip tax.
425 East 86th Street is ideally situated, with close proximity to Carl Schurz Park, Asphalt Green, the city's best restaurants, museums, shopping and schools.
Transportation is a breeze with every convenience, including the Q and 4/5/6 trains, the M86 crosstown bus, and easy access to the FDR Drive.
Call us for a private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$960,000
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 | $768,000 | $768,000 | $768,000 |
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 | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,361 | $4,729 | $6,378 |
Total Monthly Payment | $4,453 | $4,821 | $6,470 |
* 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.