Offered as an impeccably furnished rental, this loft-like one bedroom apartment is bathed in light with endless views from the 48th floor of the iconic Olympic Tower. Replete with two full bathrooms and abundant storage concealed throughout, 48B offers the discerning dweller equal parts design and function. Curated of natural textiles of sand colored linen and woods, this home imparts a Zen-like quality each time entered. Complete with the finest appliances; Gaggenau, Wolf and Miele, plus everything needed to host intimate gatherings while basking in the mesmerizing view of Central Park and beyond. Originally conceived by Aristotle Onasis in 1974, Olympic Tower is widely considered one of the finest full-service condominium buildings in New York City and has been home to countless luminaries from all corners of the globe. The building’s 40 person staff is remarkable for its attentiveness and discretion and includes a 24-hour multi-lingual doorman, concierge and elevator attendant. Other building features include a fully equipped gym with park views, a bicycle storage room and valet parking. The building’s location on the corner of Fifth Avenue and 51st Street is perhaps its greatest attribute. Positioned directly across from St. Patrick’s Cathedral and Rockefeller Center, it is at the epicenter of New York City’s retail, restaurant and cultural worlds. Available immediately for a 1-year term. Sorry, no pets. *Represents current apartment configuration, which may not conform to official legal documentation. Tenants should consult with their legal or architectural professionals to determine legal use parameters.
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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 | $10,400 | $10,400 | $10,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $69 | $68 | $88 |
Total Monthly Payment | $144 | $143 | $163 |
* 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.