This exquisite four-room residence in a distinguished white-glove cooperative offers a serene and sophisticated retreat on Madison Avenue. Set within an impeccably maintained building, this home exudes timeless elegance, enhanced by abundant natural light and a thoughtfully designed layout. As you enter through the gracious foyer, you are welcomed into a refined space where each detail has been meticulously curated. The versatile den, which can easily serve as a second bedroom, and the spacious living and dining area are beautifully connected, creating a seamless flow for both daily living and entertaining. The windowed kitchen, replete with fine wood cabinetry, quartz countertops, and high-end appliances, stands as a testament to the home's quality and craftsmanship. The primary bedroom suite, positioned for privacy, features two walk-in closets and a tastefully appointed en-suite bath. Additionally, the home includes a beautifully renovated powder room, offering convenience for guests. Throughout, an abundance of storage is provided by five generously sized walk-in closets, ensuring every inch of space is optimized. Modern conveniences include electric shades, new hardwood floors, and through-wall AC. 50 East 79th Street, an esteemed cooperative just a block from Central Park, is renowned for its exceptional service, provided by a full-time staff, including a 24-hour doorman and live-in superintendent. The recently refurbished building also offers a newly renovated lobby, gym, bike room, and private storage. Washer/Dryers are permitted with board approval, and the cooperative allows 65% financing, welcomes pets, and offers parking in the building’s garage at a preferred rate (waitlist). Some photos are virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,625,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,300,000 | $1,300,000 | $1,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,690 | $8,217 | $10,970 |
Total Monthly Payment | $7,815 | $8,342 | $11,095 |
* 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.