205 West 57th Street, #8BA, New York (Midtown West), NY, 10019 | $4,950,000

With its exquisite architectural details intact, this renovated three bedroom (flex four) at the legendary Osborne cooperative maintains most of the original features. Interior features include leaded-glass windows, geometric transoms above the oak doors, mahogany-carved moldings, bronze and ceramic-tile fireplace surrounds—all this crowned by 14-foot ceilings. The windows are embellished with the original leaded glass transoms designed by Tiffany Studios. The hand-nailed parquet floor surfaces have original banded edges, and the walls are soundproofed and insulated for privacy, a nod to the Osborne’s numerous famous musical residents. 8BA’s living space includes a living room with wood-burning fireplace, dining room, and media room with full bath which could also be used as a bedroom. There is a sunny, south-facing eat-in windowed kitchen with wood cabinets and updated appliances. The ornate original details found throughout include a very special plaster frieze encircling this room’s ceiling. The primary bedroom is en suite with adjacent walk-in closet. There is a large laundry area with ample storage. Up a short flight of stairs is a double height loft library (3rd bedroom) and a wall full of closets and storage. All bathrooms were recently renovated with Artistic Tile and modern fixtures. Flexibility is the key here. Adjacent is a separate studio apartment which can be left separate or combined with 8BA. This beautiful renovated space with wood-burning fireplace is perfect for visiting guests, family, friends, nannies, caretakers or whoever! Combining the studio would turn 8BA into a four-bedroom, three bathroom. The legendary Osborne cooperative is located diagonally across from Carnegie Hall and next door to The Art Students League. Evidence of the Osborne’s musical, artistic, and architecturally significant neighbors is found in the magnificent decorative interior features of the lobby, the apartments and the ornate façade. Home to many notable New Yorkers such as Leonard Bernstein (who composed West Side Story when living there), Bobby Short, Phil Jackson and many more. The neighborhood has it all. One block to Central Park, proximate to Broadway theaters, the shops at Columbus Circle, Whole Foods and scores of the best restaurants in the world and multiple subway and bus lines. Amenities include a newly renovated gym, building and bike storage, 24/7 doormen, resident building manager and a landscaped roof terrace with open city and Central Park views. Pet friendly. 50% financing allowed. 3% flip tax by buyer.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 12
  • Amenities: Bike Room; Laundry Room; Private Storage;
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: InUnit,OnCommonFloor
  • Complex: Osborne, The
  • Year Built: 1885
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Private Roof: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • OLR#: PRCH8360591
  • Days on Market: 218 days
  • Website: https://www.raveis.com
    /prop/PRCH8360591/205west57thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sotheby's International Realty, Inc.

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NMLS Mortgage Loan Originator ID 1880936

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205 West 57th Street, #8BA, New York (Midtown West), NY, 10019

$4,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $3,960,000 $3,960,000 $3,960,000
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 $22,796 $24,705 $33,150
Total Monthly Payment $22,921 $24,830 $33,275

* 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.