An absolute gem. Come a few blocks north and have it all. A prewar loft CONDO on Fifth Avenue, overlooking Central Park. Truly “downtown uptown” this artist loft has ceilings that soar over 12 ft throughout and an airy floor plan with the right amount of openness yet separation, ideal for both living and entertaining. Tastefully renovated, this approx. 1, 800+/- sq ft combination home offers two bedrooms and two bathrooms, flexible into three bedrooms or with a library/study. Bright and tranquil, this unique and enchanting home is a rare find that is move-in ready. Through-wall heating and cooling controlled separately in each room. Located on Museum Mile, 1255 Fifth Avenue is a unique and charming prewar condominium built in 1925. With 8 floors and 59 apartments, this full-service building offers residents a full-time doorman, a concierge and a live-in resident manager. Building amenities include a beautifully landscaped roof deck, a fitness center, bicycle storage and a laundry room on every floor. There is also private storage in the basement. Pets are permitted. There is currently an assessment of $998/mo for Local Law 11 work.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,195,000
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 | $1,756,000 | $1,756,000 | $1,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,427 | $10,387 | $14,465 |
Total Monthly Payment | $9,552 | $10,512 | $14,590 |
* 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.