This exquisite 2 Bedroom, 2 ½ bathroom residence, with over 2, 000 sq. ft, located in the prestigious Sherry Netherland on Fifth Avenue and 59th Street offers glorious views of Central Park. The home features high ceilings throughout and enjoys gracious and well-appointed rooms. The apartment is in impeccable condition with high end renovations and interior design done by world famous designer Sig Bergamin. It provides a perfect balance between grandeur and comfort, making it an ideal primary residence or a perfect pied-a- terre. The home features a large marble entrance gallery, Herringbone pattern floors in living room, windowed kitchen, marble baths with Waterworks fixtures, Lutron Lighting, automated black out and solar shades, built-in sound system through-out, built-in screen and projector in the living room, closets galore, and a washer/dryer complete this splendid apartment. Situated in the heart of Manhattan, the Sherry Netherland is surrounded by the city’s finest dining, shopping and cultural attractions, offering quintessential New York living. The building is renowned for its unparalleled services which include Harry Cipriani restaurant and room service, 24-hour doorman, concierge, elevator attendant, daily housekeeping with evening turndown, a fitness center, beauty salon, barber Shop and valet parking. Can be purchased in the name of an LLC or Trust with board approval. 50% financing permitted. Pet friendly. Current monthly assessment of $1, 719. 85 through September 2027. Flip Tax of 2% is paid by the buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $3,040,000 | $3,040,000 | $3,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,500 | $18,966 | $25,448 |
Total Monthly Payment | $17,625 | $19,091 | $25,573 |
* 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.