This charming 4-room apartment is located in a 16-floor doorman building, built in 1962, with 53 units. Situated on the northeast corner of Lexington Avenue, the building offers easy access to fabulous shopping, restaurants, and excellent public transportation, all just a short walk away. Pied-Ã -terre and pet ownership are permitted, and washer/dryer installations are allowed. The apartment, located on the second floor, features city windows and is in excellent condition. It faces west, ensuring an abundance of sunlight throughout the day. With approximately 1, 100 square feet of living space, the apartment boasts spacious rooms, including a living room measuring about 14 feet by 23 feet. There are several walk-in closets, and the windowed dining area can be easily converted into a second bedroom or den. The powder room has the potential to accommodate a shower, as seen in other units within the building. An assessment of $105 monthly will be due unit 12-31-24. A storage unit is available for the new shareholder. This apartment is a must-see, offering a perfect blend of charm and practicality. Asking Price: $795, 000 Maintenance: $2, 546. 37 Electric: $116. 67 TV: $69. 00 Total Monthly Maintenance: $2, 732. 04 (Note: Electric and TV costs are included in the building's bulk payment)
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$795,000
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 | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,231 | $4,178 | $5,363 |
Total Monthly Payment | $4,323 | $4,270 | $5,455 |
* 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.