Grand high floor classic pre-war one bedroom at 480 Park Avenue. This exquisitely maintained apartment is situated on the 17th Floor of one of Manhattan's premier co-ops - featuring nearly 1000 square feet of generously scaled rooms, 10 foot ceilings, and stunning herringbone wood floors throughout. A gracious entry foyer leads to an elegant and expansive living room with wood-burning fireplace and has plentiful room for both a seating area and a dining table. The primary bedroom is impressive in scale, with bright northern and western exposures, plus a massive walk-in closet. The bathroom has been tastefully updated in a traditional style, and the pristine kitchen features granite countertops, Sub-Zero refrigerator and custom cabinetry. Designed by legendary architect Emory Roth, 480 Park boasts one of the most impressive lobbies in Manhattan, as well as 24-hour doormen and concierge, a stunning roof deck, and a fitness center. Pied-a-terres and foreign buyers are permitted, as are pets, case by case. Showings are by appointment only, Monday through Friday between 9am and 5pm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$900,000
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 | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,088 | $4,433 | $5,979 |
Total Monthly Payment | $4,180 | $4,525 | $6,071 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.