Located in the heart of the Upper East Side, this high floor 2 bedroom, 2 bath residence, is spacious and enjoys Northern city exposure.
As you enter the apartment, there is a charming sitting area which is separate from the large Living Room which includes a full wall of windows facing North. The windowed Kitchen, which also faces North, can be opened to the Living Room for a more "loft-like" feeling. The Kitchen has ample storage and good light. Completing the entertaining area is a large interior dining area, opposite which are a wall of Bookshelves and closets.
For ultimate privacy, there are two split "primary" bedrooms both of which face North. One of the two Primary Bedrooms feature an en-suite bath with stall shower and a very large dressing room. The second Bedroom is well proportioned and has its own full bath with a tub just outside. This home has wonderful closet space throughout and has a private storage shed in the basement, that transfers with the sale.
201 East 79th Street has undergone extensive infrastructure changes. The building has just completed a massive upgrade, including a 100% exterior replacement with a rain screen facade (featuring a revolutionary air and water flow system), brand new renovated hallways & lobby, a newly renovated courtyard and - for the first time in the building's history - a large roof deck with open city views in all directions! Other recent updates and improvements include roof and water tank modifications, elevators, heating and cooling systems, laundry room, garage and service entrances, and security systems. The building is well-positioned for long-term structural and financial stability, making this the perfect time to call 201 East 79th Street your new home.
Centrally located on the Upper East Side, the building is a full-service, pet-friendly cooperative with a 24-hour doorman, concierge, package room, resident manager, storage and bike rooms, shared laundry, and an on-site garage. Close to a full array of shopping, dining, and transportation options, with proximity to Central Park and Museum Mile, there's nowhere better to access all that Manhattan has to offer. Pets are welcome and Pied-a-terres are allowed (both with board approval). There is a 2% flip tax, payable by the Purchaser. Note: there is an 18 month assessment beginning July 1, 2024 of $602/month.
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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 | $1,052,000 | $1,052,000 | $1,052,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,973 | $6,563 | $8,806 |
Total Monthly Payment | $6,098 | $6,688 | $8,931 |
* 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.