Welcome to #16A, a rare opportunity to own a coveted residence at Madison Square Park Tower. This luxury highrise does the impossible - fusing modern living and an array of amenities with the tranquility of East 22nd Street. At this ideal location in the heart of Flatiron, you will enjoy all the neighborhood has to offer, while perched above it all in this wonderful home. This meticulously-designed home boasts luxurious finishes and is striking in its thoughtful layout and scale. The living room, set against a wall of floor-to-ceiling windows, feels both airy and grand. The open designer kitchen is equipped with top-of-the-line Miele and Sub-Zero appliances, ensuring a gourmet cooking experience. The apartment also includes a cutting-edge smart home system, windowed bathrooms, custom closets throughout, and a conveniently located powder room. It’s the perfect home for quiet evenings in or for entertaining with friends. Madison Square Park Tower offers exceptional amenities and white-glove services. The building has a stunning 54th-floor entertainment space, providing breathtaking views and an ideal venue for private events. Additional amenities include a fitness center with a private training suite, golf simulator, half basketball court, playroom, library, billiards, and cards room, and terrace with an outdoor grill. Please note that some photos have been virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $4,440 | $4,440 | $4,440 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,417 | $14,753 | $19,897 |
Total Monthly Payment | $17,982 | $19,318 | $24,462 |
* 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.