Discover luxury living in this elegant and spacious 2-bedroom apartment, each with its own ensuite bath, located on a prestigious block in the heart of Midtown, just steps from Central Park and Fifth Avenue. This meticulously renovated residence features sound insulation in the recessed ceilings of both the main bedroom and living room, 8’1" and 8’3" ceiling heights, and California closets for upgraded storage. The windowed chef’s kitchen is a culinary delight with high-end appliances, including a wine cooler, and a separate dining area perfect for entertaining. The expansive living room offers a distinct work area, making this apartment a must-see.
The Aristocrat, a well-maintained elevator building with a 24/7 doorman and newly renovated lobby, offers amenities such as a central laundry room with brand-new machines, bike storage, and a welcoming policy for international buyers and pied-à-terre usage. Situated close to an array of subway lines (N, R, Q, W, B, D, F, M, E, and 1 trains), convenience is at your doorstep. With the upcoming opening of Arabica Cafe and Swarovski on Fifth, this location provides unparalleled access to the best of Midtown living. Assessment fee of $195 until September 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,120,000
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 | $896,000 | $896,000 | $896,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.125% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.951% | 6.108% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,879 | $5,372 | $7,381 |
Total Monthly Payment | $5,004 | $5,497 | $7,506 |
* 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.