342 East 87th Street, #2-B, New York (Upper East Side), NY, 10128 | $510,000

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.

Features

  • Town: New York
  • Cooling: Through the Wall
  • Levels: 5
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Year Built: 1910
  • Pet Policy: No Pets
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: 2091905
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /prop/2091905/342east87thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of The Agency

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

342 East 87th Street, #2-B, New York (Upper East Side), NY, 10128

$510,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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.