Stunning 2 bedroom, 2. 5 bath Condo off the Park. This triple mint, high floor apartment emanates luxury living at it's finest. An elegant entry gallery leads to an expansive great room with wonderful natural light, tall beamed ceilings and sunny northern exposures. Seamlessly flow from the great room into the formal dining which has been cleverly separated by pocket doors creating the perfect environment to entertain. A graceful powder room is also conveniently located along the gallery and just off the great room. The windowed kitchen has been beautifully renovated featuring Macassar Ebony wood cabinetry, Glassos counter-tops, a Blue Star chef's oven, Sub-Zero fridge and freezer, Bosch stove-top, and a Samsung washer and vented dryer to round it off. The split bedrooms on each corner of the apartment are both large with en-suite baths. The primary bedroom offers double exposures with open views South and East. You will also be pleased to find a spacious walk-in closet along with additional closets and custom built-ins for added storage. The gorgeous and spa-like primary bath has a double vanity, deep soaking tub, large stall shower with rain shower head, and floor to ceiling marble tiling. The second bedroom is also very generously sized with sunny northern views, multiple closets, custom built-ins, and beautiful marble bath. Additional details include Rosewood herringbone floors throughout, Lutron lighting, motorized window shades, and updated through-wall heating and cooling with individual wall mounted thermostats. 1049 5th Avenue is one of the most prestigious Condominiums situated in the heart of the Upper East Side and just off Central Park. This luxury Pre-war building features a 24 hour doorman and concierge as well as a resident building manager. Enjoy the perks of living a stone's throw from some of the world's most famous museums, fine-dining restaurants, and flagship shopping avenues. Pets are welcome and there is a 2% flip-tax payable by buyer.
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Our Executive Mortgage Banker:
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$4,675,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,740,000 | $3,740,000 | $3,740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,235 | $23,333 | $31,308 |
Total Monthly Payment | $21,360 | $23,458 | $31,433 |
* 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.