Rare opportunity to make this convertible two bedroom, one and a half bath property into the home of your dreams. Located on the 15th floor at the Excelsior, this property offers spectacular views of the city from every room and an over-sized west facing balcony to enjoy the view al fresco. You enter to a spacious foyer that is currently doubling as an office. From there you head into the sun drenched living room which welcomes you with its generous proportions and light streaming in from the western exposure windows. To the left, is the dining space which can easily be converted to a second bedroom without sacrificing a place for your table. The expansive living room easily accommodates both living and dining or the foyer can be used for dining as well. The adjacent kitchen has lots of storage, and plenty of room to create a chef's dream cooking gallery. Rounding out the public space is a powder room (which can be converted to a full bath) and two large closets. The massive primary bedroom has sunny western views, two generous closets, and an ensuite bath. Washer/dryers are allowed and can be added in the kitchen or the closet next to the primary bathroom.
The Excelsior is a white glove building located on Billionaire's Row with a circular driveway and a staff of roughly forty including a doorman and concierge. The large gym with salt water pool and sun deck is a coveted building amenity. In addition, enjoy access to a 24 hour garage (extra charge). Pied a terres and pets are permitted. Washer/dryers allowed.
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Our Executive Mortgage Banker:
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$400,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,129 | $2,127 | $2,699 |
Total Monthly Payment | $2,204 | $2,202 | $2,774 |
* 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.