This beautifully renovated one-bedroom, one-bathroom home seamlessly blends contemporary design with classic city charm. Features of the apartment include stunning herringbone hardwood floors, custom millwork and built-ins throughout, an ethanol-burning fireplace with a hearth, new recessed lighting, sound-dampened over-sized picture casement windows, a lovely terrace with gorgeous city views, and upgraded infrastructure that includes new plumbing, heating, and ceiling insulation as well as updated through-wall A/C units, thermostats, and electrical panels.
The king-sized and sun-drenched primary bedroom offers dramatic city views through two exposures and custom closets. A large eat-in kitchen with a large picture window is bathed in Eastern morning light. The windowed marble bathroom with multiple exposures and a deep soaking tub has been completely updated and redone. A full-service co-op located in Carnegie Hill, 49 East 86th Street has a live-in super, full-time doorman, and bicycle room. Close to Central Park and all the shopping Madison Avenue offers. The co-op offers flexible purchasing- Guarantors and gifting are allowed. Pets are welcome.
There is a monthly assessment of $424. 90 until May 2025 to replenish the reserves spent on LL11. 2% flip tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,600 | $6,157 | $8,304 |
Total Monthly Payment | $5,725 | $6,282 | $8,429 |
* 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.