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This oversized, bright, move-in ready one-bedroom enjoys stunning tree-top views of the building's private 3-acre courtyard. Enjoy the added benefit of low common charges and taxes, all in a full-service condominium building.
Floor-to-ceiling picture windows maximize natural light throughout. This home also boasts an updated kitchen with stainless steel GE appliances, which opens seamlessly to the living and separate dining area. The spacious bedroom easily accommodates a King-size bed, complemented by ample closet space. Entertain effortlessly in the 21' wide living room. Additional features include newly refinished hardwood floors.
Kips Bay Towers Condominium is a magnificent project originally designed by the renowned I. M. Pei. It offers full-service amenities in the heart of Kips Bay, including a 24-hour concierge and doorman, live-in resident manager and super, on-site parking, and access to a 3-acre private courtyard with landscaped lawns and gardens, playgrounds, basketball and pickle ball courts. Residents also benefit from a fitness room, bike room, common storage, community room, and on-site valet and dry-cleaning services.
Enjoy close proximity to Fairway, Trader Joe's, and Target, along with a variety of restaurants, shops, and bars. Convenient transportation options include the 6 train, East River ferry, FDR Drive, multiple bus routes and Citi bike stations. NYU hospital is right next door as well.
The building is in the process of renovating common area hallways and completing LL11 work. Please note: There is a monthly capital assessment of $245 and real estate taxes advertised may be reduced by 17. 5% if this will be used as your primary residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,141 | $4,424 | $6,002 |
Total Monthly Payment | $4,233 | $4,516 | $6,094 |
* 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.