Introducing Residence 16D at The Gallery House. This thoughtfully designed Junior one-bedroom apartment offers a versatile layout, with a sleeping area large enough for a king or queen-size bed. The southern exposure fills the space with natural light and provides a bright view of 55th Street. An exposed brick wall adds character and modern style, while dark hardwood floors bring warmth and elegance. Custom closets provide ample storage, and sliding doors separate the bedroom area, creating a private and cozy environment. The spacious bathroom includes a dressing area and soaking tub, offering a peaceful escape. The Gallery House is a premier Midtown condominium, featuring 24-hour doorman service, a live-in resident manager, common laundry, garage parking, and a furnished rooftop deck with stunning views—a rare find in this vibrant neighborhood. It is a pet-friendly building with low condo fees. Located just a few blocks from the Time Warner Center, Central Park, MOMA, and the iconic 5th Avenue shopping district, this location offers unmatched convenience with easy access to multiple subway lines, buses, and other commute routes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $3,951 | $3,947 | $5,065 |
* 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.