**Please make sure you are confirming building and apartment details with the SELLER'S AGENT directly and receiving the CORRECT information. All open houses and showings for this unit are made strictly via EMAIL ONLY with the SELLER'S AGENT. Please confirm this prior to showing up or scheduling. ** Welcome home to this junior one bedroom at 150 East 61st Street! This beautifully renovated and move-in ready apartment is located in the prime of the Upper East Side and convenient to everything New York City has to offer! 3K is in mint condition featuring several large closets for abundant storage, new kitchen with stainless steel appliances, white kitchen cabinets, gray quartz countertops, white subway tile backsplash and gray tiled floors. The bathroom is also renovated beautifully with white subway tile, gray tiled floor and all polished chrome finishings. The bedroom is very private with quality, sliding Shoji doors for a zen sleeping area. 150 East 61st Street is a full service 24 hour doorman building featuring a fitness center, residents lounge, laundry room, additional storage, live-in resident manager, attached parking garage, and bike room. Pet friendly as well! Multiple lines of transportation are nearby including the 4/5/6/Q/R/N/F trains as well as crosstown bus service. Bloomingdales, Central Park, and other Upper East Side hotspots are just minutes away. The building has excellent financials, the building is one of the best land leases in NYC—terms are settled for the next 90 years with no escalations until 2109-and include features favorable to shareholders. Subletting requires no waiting and is limited to 2 years. Pied-a-terres, parents buying for children and co-purchases are allowed. The building allows up to 70% financing. **Please note there is an on-going monthly assessment of $697 which has been INCLUDED in the monthly listed maintenance cost. All utilities are included in the maintenance price as well. ** Available for sale including all furniture if desired! Please email for a private appointment to view and allow 24-48 hours for all showings as this is tenant occupied through December.
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Our Executive Mortgage Banker:
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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.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 | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,426 | $2,366 | $2,987 |
Total Monthly Payment | $2,501 | $2,441 | $3,062 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.