Ideally located on Park Avenue at the corner of 75th Street, Apartment 1B is a rare prime corner suite for sale in one of the Upper East Side’s finest cooperative buildings. With ground floor flexibility and added security entering through the lobby, there are no steps to this fully functional four room suite - perfect for professionals needing extra space to streamline their work-life balance. The front room is bright and faces prestigious Park Avenue, while there are two additional quiet comfortable rooms that can be used for several different purposes. There is also a refreshment room and powder room. The suite features high ceilings, a private storage bin and is presently used as a psychiatry office. Built in 1917, 815 Park Avenue is an elegant, white glove prewar, cooperative building located on one of the finest blocks on the Upper East Side, convenient to some of the best hospitals, cultural attractions, dining and shopping in the city. The cooperative offers a full-time doorman, fitness center, game room, bike storage, laundry room, private storage and live-in Resident Manager. 50% Financing and Pets (1 dog up to 25 pounds) are permitted. There is a 2% flip tax.
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William Raveis Real Estate
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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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,280 | $3,277 | $4,201 |
* 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.