EASILY OWN FOR LESS THAN RENT On Manhattans famed Central Park West!
Searching for a property in a pristine, white-glove, full staff building for less than a rental due to this well-managed buildings low maintenance? Make this studio in the iconic Bolivar, your pied-a-terre or CPW home!
STUDIOS ON THIS STRETCH OF CPW WITH LOW MONTHLIES RARELY COME TO MARKET, this is your opportunity to see and purchase this one now. Contact me to find out more on purchasing and to view.
Sunny, high floor, Central Park West, pre-war Studio, with low maintenance ($805), in the renowned fifteen-story Bolivar! Located at 230 Central Park West, between W 83rd and W 84th Sts, this Neo-Georgian style, full-service, white-glove cooperative was built in 1926 by Architect Nathan Korn and was added to the National Registry in 1982. The Bolivar makes up part of the Central Park West Historic District, spanning the famed CPW from 61st to 97th Sts, a collection of rare, architectural masterpieces including many of the Beaux-Arts and Renaissance Revival styles.
This 14th floor, interior studio floods with sunlight across the day and is nearly silent. It has a Murphy bed with a built-in storage area and a large closet. Its original hardwood floor and beamed ceiling add unmeasurable charm and are quintessential details of a pre-war co-op of this distinction. The kitchen has an electric stove top, and an undercounter refrigerator. The kitchen also has a thick granite countertop while the bathroom vanity has matching granite and handmade tiles.
Surrounding The Bolivar is all the Upper West Side has to offer, including many of NYC's best dining experiences, the finest gourmet markets, and shops of every kind for all ages. Take step outside your attended lobby and take hold of the world-famous 840 acre (340 hectare) Central Park. The iconic Beacon Theatre, Lincoln Center with its twelve performing arts companies, world-renowned museums and historical centers are all found within the ultra-chic Upper West Side.
The pristine co-op employs a large full-time staff including a 24-hour door person, a maintenance team, two full-time painters, and a live-in-superintendent.
The Bolivar has one of the most beautifully landscaped roof gardens on all the westside. Here you can enjoy the shade under a wisteria grown trellis or where the whole of Central Park can be seen. Available to residents is a beautifully designed recreation room to entertain as many as twenty guests suitable for a formal event or a causal gathering. The building has a laundry facility. Storage lockers, a bicycle storage room, and cold storage are available. A new lobby, hallway, and elevator renovation was recently completed with no current assessment.
Contact me directly for assistance or to discuss purchasing in this prized, well-maintained, Central Park co-op. The building allows use as a pied-a-terre and financing up to 75%. Guarantors or parent purchasing permitted. W/d are also allowed. Pets are welcome at The Bolivar.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,287 | $3,283 | $4,246 |
Total Monthly Payment | $3,379 | $3,375 | $4,338 |
* 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.