Pre-war charm abounds in this elegant one bedroom corner apartment in the heart of the Upper East Side on one of Manhattan's coveted blocks! High beamed ceilings, beautiful hardwood oak flooring and oversized windows with excellent NW light in every room make this apartment warm and welcoming upon stepping through the door. A gracious foyer featuring two abundant closets opens through an archway into the expansive living-dining room with two oversized windows and through-the-wall air conditioning. The windowed eat-in kitchen has two entrances allowing for a circular flow and maintains original wood cabinetry, stone tile flooring, and a large picture window. The spacious bedroom can accommodate a king-sized bedroom set and is framed by Western and Northern facing windows with treetop and church steeple views and through-the-wall air conditioning. A hallway with two additional closets leads to the windowed bathroom with subway tile walls, tile flooring and a porcelain vanity. Developed in 1928, this white-glove co-operative features 4 apartments per floor and is impeccably run and staffed with full-time doormen and a resident superintendent. A lovely residents’ garden, central laundry room, bicycle storage and door to door mail delivery are just a few of the amenities you’ll enjoy. Private storage units are available on a waitlist basis. Located on tree-lined 79th Street, this boutique co-op is steps away from Central Park and is surrounded by the restaurants, shops, museums the Upper East Side is known for with convenient access to the Lexington and Second Avenue subway lines as well as the crosstown bus. 179 East 79th Street permits pied-a-terre use, guarantors, co-purchases and pets with board approval and 75% financing is allowed. 2% flip tax.
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$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% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,155 | $3,110 | $4,103 |
Total Monthly Payment | $3,247 | $3,202 | $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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.