A quintessential NYC studio loft with classic details, including hardwood floors and majestic 12-foot ceilings. This beautifully renovated home, in excellent condition, offers a spacious living area, perfect for entertaining. The stylish cook's kitchen features a stainless steel backsplash, slate tile flooring, Miele glass cooktop, quartz countertops, dishwasher, Advantium microwave, designer cabinetry, and custom LED task and under-cabinet lighting. The immaculate bathroom is equipped with modern fixtures, extra-tall medicine cabinets, and hidden storage. Up the circular stairs, you'll find a comfortable 5'9" high sleeping loft that accommodates a queen bed and can be closed off from the living area with sliding panels. An oversized ceiling fan and recently replaced A/C unit keep the space cool. The well-designed loft is a storage lover's dream, maximizing the high ceilings with additional storage areas and featuring four large closets, including a walk-in. 244 Madison Avenue is a well-maintained, 24/7 doorman building, conveniently located near Grand Central and Penn Station, with easy access to all transportation. The building offers a live-in superintendent, a modern laundry room, and a landscaped roof deck equipped with Wi-Fi. Pied-Ã -terre, co-purchasing, and guarantors are allowed. Cats are welcome; sorry, no dogs.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$545,000
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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,864 | $2,864 | $3,650 |
Total Monthly Payment | $2,956 | $2,956 | $3,742 |
* 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.