Welcome home to your own little slice of NYC Paradise! This oversized alcove studio is almost 600 SF and features a generous layout and gets great light. It faces south and is extremely quiet. It is priced approximately 60% below market value for a smart and savvy buyer. The apartment is in need of some updating but has been meticulously maintained throughout the years.
The pre-war quality of construction is evidenced the moment you enter the apartment. There is a lovely entry foyer with a very large double hung coat closet. As you progress you will walk under a lovely archway that will let you arrive in the main living area. This is where you will find a large walk in closet that has been removed and converted into quite a unique sleeping area. This alcove area is able to accommodate a queen sized bed and/or a murhpy bed. The kitchen has a window for ventilation and light and has the original pre-war cabinetry completely intact. In keeping with the pre-war aesthetic, there are beamed ceilings and original hardwood floors that add a warmth and depth to the apartment. The apartment faces south onto a tree lined street that allows a ton of natural night to cascade in through the wall of windows facing the street. A quite unique feature of this apartment is the prvate dressing room area which leads to the bathroom. This area could also be used as a home office on those days when working from home.
The Parc Vendome is one of the premier pre-war condos in NYC. The location in Midtown Manhattan is one of the best locations in NYC. Being a pre-war condo is incredibly unique as most pre-war buildings in NYC are Coops. Another amazing feature of the building is that the common charges include, electricity, heat and hot water. The building is 1 block from Columbus Circle and Central Park. To get to Lincoln Center, Moma or Hells Kitchen is only a 5 minute walk. The building is beyond convenient in terms of location. The buidling has full-time doorman, private gardens, a billiards room, a library, a music room, a card room and more. Don't delay and reach out today with any questions about this amazing apartment. Please note there is currently a rent stabilized tenant in place paying $641. 00 per month and the current Common Charges reflect an ongoing assessment of $92. 58.
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $1,666 | $1,665 | $2,092 |
* 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.