ENJOY THE U. S. OPEN first week, all the benefits of an elegant PIED-A-TERRE offering five-star hotel amenities for 28 days each year without the expense of full-time ownership. This fully furnished FRACTIONAL TIMESHARE OWNERSHIP Residence is deeded real estate, with ownership that entitles you to 28 indulgent days in a luxurious 2-bedroom/3-bath residence at The St. Regis each year, or up to 49 days depending on usage patterns of your residence. Alternatively, you may allocate some of your time through the Interchange Program at another participating Residence Club property, such as the St. Regis Residence Club in Aspen or the Phoenician in Scottsdale, Arizona. Other usage options permit the owner to exchange nights for Marriott Rewards Bonvoy points that can be used for flights or stays at other Starwood and Marriott Hotels & Resorts around the world.
The designated Fixed Week for this offering is Week #34 which is August 25 - September 1 in the current year. . The Fixed Week is guaranteed, unless you choose to exchange that week in any given year. This residence offers an elegant split-bedroom, three-bathroom layout with butler pantry set across 1, 260 square feet of expansive space. Swaths of marble and fine furnishings are your constant backdrop in this sophisticated residence. The incomparable St. Regis Hotel is a New York City icon known for its unbridled luxury, white-glove service and five-star amenities, including full-time doorman, twice-daily housekeeping and the renowned 24-hour St Regis butler service, a newly expanded fitness center, salon, Astor Court Restaurant, and the iconic King Cole Bar. Set at the corner of Fifth Avenue and 55th Street, residents enjoy immediate access to world-class shopping along Fifth and Madison Avenues; world-famous New York institutions including the MoMA, Central Park and Rockefeller Center; and some of the world's best dining. The video was shot in a different Residence but showcases the quality of finishes and furnishings throughout the Residence Club. .Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
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 | $160,000 | $160,000 | $160,000 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $314 | $314 | $314 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,063 | $1,372 |
Total Monthly Payment | $1,453 | $1,452 | $1,761 |
* 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.