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401 East 86th Street, #5N, New York (Upper East Side), NY, 10028 | $449,900
Step into a light, quiet, and freshly painted spacious alcove studio that can easily be converted to a 1 bedroom if desired! The full wall of windows offer a North and East exposure . The 27 foot living room has ample room to enjoy both your generous living space and a separate dining area. Storage will never be a problem with 3 large closets, one inside a large dressing room leading the the bathroom.
The Fairmont Manor is a superbly maintained , full-service cooperative that is pet friendly with 24 hour Doorman , a live-in resident super, and staff around the clock. Amenities include a beautifully landscaped roof deck with panoramic views , fully equipped fitness center, and a large laundry room. Residents also enjoy storage for rent and a garage which includes a shareholder discount (when available). With it's excellent financials and low maintenance 5N at 401 East 86th street checks all the boxes!
Ideally situated in the heart of the upper east side with close proximity to Carl Schurz Park, Asphalt Green, the city's best restaurants, museums, shopping and schools.
You will find transportation super easy as you are steps from the Q, 4, 5, 6, trains and the M86 cross town bus.
Pied-a-terres, guarantors, and co-purchasing is permitted. Gifting is allowed case by case.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 19
- Amenities: Garage; Fitness Room For A Fee; Laundry Room; Roof Deck;
- Rooms: 2
- Baths: 1 full
- Complex: Fairmont Manor, The
- Year Built: 1964
- Pet Policy: Pets Allowed
- Building Access : Elevator
- Service Level: Full Time Doorman
- Doorman: FullTime
- LobbyAttendant: FullTime
- OLR#: RPLU63223151661
- Days on Market: 137 days
- Website: https://www.raveis.com
/prop/RPLU63223151661/401east86thstreet_newyork_ny?source=qrflyer
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 Brown Harris Stevens Residential Sales LLC
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
401 East 86th Street, #5N, New York (Upper East Side), NY, 10028
$449,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $359,920 | $359,920 | $359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,364 | $2,392 | $3,062 |
| Total Monthly Payment | $2,439 | $2,467 | $3,137 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535