Welcome to East 87th Street! This investor-friendly cooperative features reasonable maintenance, unlimited subletting from day one contingent on board approval, and no flip tax. Just two flights up, this pre-war two-bedroom cooperative offers space, warmth and light. The living room is equipped with south-facing windows, high ceilings, and a beautiful red brick decorative fireplace. There are closets in both bedrooms for all your storage needs.
The updated galley kitchen features extra storage and space to prepare fabulous meals. It opens up directly into the living room- perfect for entertaining or enjoying a peaceful evening at home. The full bathroom has a bathtub and additional vanity and mirror storage. A hallway closet is directly across from the kitchen.
Conveniently located between Second and First Avenues, you will have easy access to Target, Whole Foods, Fairway, and the best restaurants on the Upper East Side. It is minutes from the Q train at 86th Street, and the 4/5/6 express trains at Lexington Avenue. You’re two blocks from Carl Schurz Park and five from Central Park.
Evening open houses are by appointment only.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$510,000
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 | $408,000 | $408,000 | $408,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,818 | $2,749 | $3,471 |
Total Monthly Payment | $2,910 | $2,841 | $3,563 |
* 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.