A unique opportunity to own a one bed one bath unit that can be used as aresidential space or as an office spacein a very desirable midtown east side location on a lovely tree-lined street, with excellent transportation. At the moment, the apartment is configured and used as a dentist's office.
Residential space (One bed One bath) :
Spectacular gut renovated, beautiful sun-filled 1-bed, 1-bath apartment located in the heart of Sutton Place has south-facing exposures with open city views that allow abundant light throughout the day. The renovated kitchen makes optimal use of its custom cabinetry, complemented by granite countertops and stainless-steel appliances including a stainless steel dishwasher. The wood floors and sleek renovated bathroom add to the contemporary feel of this unit.
Commercial space:
This bright, sunny office is perfect for dental, psychotherapy, medical, lab or for any other professional use. With an unbelievably low maintenance, this office is a better value than renting! A must-see to appreciate this ground floor well priced space. 1 Exam Room 1 Consult Room Reception/admin En Suite Full Bathroom. Low maintenance and 75% financing allowed.
Situated in an extremely desirable Midtown East location near Whole Foods, Trader Joe and a lot of restaurants, shops and transportation (right near the E/M/6 subway station and close to the 4, 5, N, R, F trains), this apartment truly makes the perfect home or a perfect commercial space.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,625 | $2,560 | $3,232 |
Total Monthly Payment | $2,700 | $2,635 | $3,307 |
* 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.