SELLER WILL COVER 2025 HOA DUES! This fully furnished FRACTIONAL TIMESHARE OWNERSHIP Residence is deeded, with ownership that entitles you to 28 indulgent days in a glamorous 1-bedroom/1-bath residence at The St. Regis each year. Or, you can allocate some of your time through the Interchange Program at the St. Regis Residence Club in Aspen or the Phoenician in Scottsdale, Arizona. The designated Fixed Week for this offering is Week #4, which is the last week of January. The Fixed Week is guaranteed, unless you choose to exchange that week in any given year. Other usage options permit the owner to exchange one or two weeks for Marriott Bonvoy points which can be used for flights or stays at other Marriott Hotels & Resorts around the world. This residence is the only 1-bedroom that features a stunning decorative marble fireplace, and it faces north onto 55th Street. The St. Regis Hotel New York sets the ultimate standard of luxury in the heart of Manhattan. The video was taken in a 2BR/3BA residence but is representative of the fine furnishings and finishes of all St. Regis Residence Club homes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$105,000
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 | $84,000 | $84,000 | $84,000 |
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 | $201 | $201 | $201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $580 | $566 | $715 |
Total Monthly Payment | $856 | $842 | $991 |
* 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.