Magnificent Central Park as your front yard! This beautiful Essex Towers renovated two bedroom/two bath residence offers spectacular Central Park and Manhattan skyline views from all rooms including the master bedroom. This perfect home is an ideal City Pied a Terre or makes a fantastic investment property since it offers maximum usage opportunities due to its floor plan and five-star hotel services; a residence comprised of a spacious one-bedroom apartment plus a fully functioning and self contained studio apartment which can be used in conjunction with or independently from the larger one bedroom providing the owner the ability to rent or use a part or the entire apartment. A highly unusual and quite unique set up. It is located in the iconic Art-Deco JW Marriott Essex House Hotel, on picturesque Central Park South. a district of New York known worldwide for its history and streetscape. Visitors and residents of this chic neighborhood enjoy close proximity to Lincoln Center, Fifth and Madison avenues designer shops, Columbus Center, Carnegie Hall as well as the citys best known and loved restaurants. Our residence owners are treated daily to white glove hotel amenities and services in one of the worlds best known hotels combined with the JW Marriott know-how and hotel management expertise making for a truly unique living experience.
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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** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,862 | $14,173 | $19,737 |
Total Monthly Payment | $12,987 | $14,298 | $19,862 |
* 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.