A stunning pre-war between Fifth and Madison Avenues. Formerly owned by legendary performer and activist Lena Horne, this home has been completely gut renovated for one to enjoy the optimal proportion and layout for flexible living. No stone was left unturned in this immaculate and pin-drop quiet one-bedroom, one-bathroom home. Welcomed by a gracious entry foyer that leads you to the meticulous kitchen outfitted with custom cabinetry, Caesarstone countertops, a suite of Gaggenau appliances, and an abundance of storage space. Flowing into the oversized living room with formal dining areas, the double exposures overlooking the treetops complete the space. Retire to the quiet and serene bedroom, that allows plenty of natural light. The bedroom has a wall of built-out closets along the north side and a walk-in laundry room within a large storage closet. Clean lines, beamed ceilings, and wood floors throughout. Built in 1929 and converted in 1982, The Volney Residences is a full-service cooperative building. Residents enjoy white-glove service including a 24-hour doorman, a superb live-in resident manager, in addition to a landscaped rooftop terrace, a laundry room, and an additional storage cage that transfers with the apartment. The Volney allows 65% financing. Pied-Ã -terre purchase, central and thru-wall ACs have been approved by the Board. Subletting is allowed after one-year ownership for 12-month leases. Pet-friendly and 3% flip tax. Kindly note, that the building does not allow for weekend showings.
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:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $6,076 | $8,237 |
Total Monthly Payment | $5,725 | $6,201 | $8,362 |
* 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.