New York (Hell's Kitchen), NY, 10036 | $2,250,000

Investors only, tenant in place. This sunny high floor spacious corner two bedroom two bathroom 1, 350sf home has been meticulously renovated to the highest standards with rich toned floors and finishes. The Orion is a luxurious full-service building located in the heart of midtown, one of the most exciting neighborhoods in the city. This G-line apartment is the most desirable line in the building. The floor to ceiling windows offer the most stunning iconic views to the south and west of the Empire State Building, the Freedom Tower, Hudson Yards, the Statue of Liberty, and the Hudson River. The custom renovation spared no expense, featuring a brand-new open kitchen with the finest quartz countertops, custom black cabinetry, and Bosch and Liebherr appliances. The primary bedroom offers an en suite windowed bath with a custom double sink and heated tile floors. The second bedroom has the same jaw dropping city and river views and the second bath also features heated floors. The apartment has dual zoned central air/heat, in unit LG washer/dryer and beautiful rich hardwood floors throughout. Additional outstanding upgrades that set this apartment apart include custom built out closets, custom wood cornices on all windows with built-in remote control LED lighting along with custom solar shades all adding comfort to this home. The Orion Condominium offers world-class services and amenities including full-time doorman and concierge, an on-site parking garage and specialty concierge services. The three-story Amenity Suite includes an 8, 200 SF fitness center, swimming pool, spa, billiards room, playroom, residents' lounge, business center, and three seperate sun decks. Close to Broadway theaters, Lincoln Center and Central Park, and the acclaimed Hudson Yards. Enjoy all of Midtown's world-renown restaurants and nightlife, as well as the extensive Hudson River Waterfront Park for relaxation and recreation. The Orion is a wonderful community, a pet friendly building. This is a great investment opportunity with a reliable tenant paying over 10K per month or the perfect pied-a-terre. Capital Assessment of $794. 74/month

Features

  • Town: New York
  • Cooling: Central Air
  • Levels: 60
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 118.000000x98.750000
  • Laundry: Building Multiple Locations,Common Area,In Unit
  • Year Built: 2007
  • Common Charge: $1,723 Monthly
  • Approx Sq. Feet: 1,350
  • Est. Taxes: $26,508
  • View: River
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Range,Range Hood
  • MLS#: COMP-164298135867419
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /prop/COMP-164298135867419/350w42ndstreet_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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New York (Hell's Kitchen), NY, 10036

$2,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,800,000 $1,800,000 $1,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $2,209 $2,209 $2,209
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,079 $10,937 $14,827
Total Monthly Payment $12,413 $13,271 $17,161

* 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.