Fabulous opportunity to live right off Central Park! This oversized 2. 5 room studio condo, perched on a higher floor, offers unparalleled potential despite its current condition. All interior photos are virtually represented as what the apartment can look like after renovations are completed. For ease and convenience, there is a contractor standing by to make it happen! A versatile layout allows you to partially close off the alcove for a junior 1-bedroom design. With excellent southern exposures and wall-to-wall windows, you'll bask in natural light that accentuates the garden views, creating a serene backdrop for your city life. And you can't beat the low monthlies!Schedule a showing today and envision how you will infuse your personal style into this fabulous living space! The square footage is represented as similar sold sponsor units. Building is very pet friendly!
The Olmsted is a well-established beautifully maintained full-service condominium located in the perfect location, sandwiched between Central Park and Columbus Avenue. They have a wonderful and attentive staff, an on-site management office, live-in super and 24-hour concierge. The condominium also has very well-funded reserves. The building is setback with a planted garden entrance and is surrounded by a lushly landscaped nature-inspired setting unique to Manhattan living. There is even a private low-cost outdoor parking lot for your convenience. Other amenities include high speed elevators, a newly renovated gym, yoga studio and playroom. In addition, there is a large laundry facility, storage lockers, package room and a bike room. Enjoy the convenience of local shopping at Whole Foods, Trader Joes, Starbucks, Target, Sephora, local farmer's market, and lots more. The B & C subway station is right on the corner of 97th and CPW and the 1, 2 & 3 trains are just 3 blocks away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,155 | $3,155 | $4,103 |
Total Monthly Payment | $3,247 | $3,247 | $4,195 |
* 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.