Currently configured as a spacious professional office, this 1250 square foot suite offers many possibilities. One is to keep it as a medical suite with a private, street level entry, a reception room, waiting area, two offices, three exam rooms, a file storage area, lab, kitchenette and THREE BATHROOMS. It might also be converted to residential use, subject to Board approval, of course. With some thought and creativity, 1A can easily be transformed into the elegant and gracious home of your dreams. Regardless of how the space is utilized, however, the original pre-war details, including casement windows, hardwood floors and beamed ceilings, add to its character and charm and make this unique space an extraordinary value.
This boutique, full-service building is rich in New York City history. 160 East 72nd is known as one of the great sleeper buildings of the Upper East Side, with understated elegance and sophistication. It was built in 1928 as a co-op by Kingdon Gould, a grandchild of the infamous Robber Baron, Jay Gould, with a triplex penthouse on top for his family. The buildings architecture firm, Taylor & Levi, have many works listed on the U. S. National Register of Historic Places. Residents in the early years included NYC society, financiers, and businessmen, but by the middle of the 20th century, luminaries of stage and screen arrived. Most noteworthy residents include Joan Fontaine and Viven Leigh, who rented Ms. Fontaines apartment while appearing on Broadway in 1966. The building offers mostly semi-private or floor through apartments. It is pet friendly and pied-a-terre ownership will be considered on a case-by-case basis. Financing up to 50% is permitted and a flip tax of 3% is paid by the seller.
Conveniently located in the heart of Lenox Hill, residents are just a few blocks from excellent restaurants, shopping, world famous museums, schools, and, of course, Central Park. Transportation to and from other parts of the city is seamless with the Q/4/5/6 subways nearby, as well as buses and Citibike stations.
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Our Executive Mortgage Banker:
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$925,000
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,202 | $4,617 | $6,195 |
Total Monthly Payment | $4,294 | $4,709 | $6,287 |
* 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.