Turn this incredibly spacious studio into your own paradise in the Excelsior! Perched on the 19th floor, this home is bursting with light, showcasing open city views. Closets are bountiful throughout, with oversized closets lining the entry hall as well as near the bathroom. The living area is uniquely situated with its own windowed dining alcove before you enter the giant living/sleep space. It’s a must to see it in person as this studio is bigger than most one-bedrooms! The kitchen currently has updated appliances with the potential to be opened to the dining area (with board approval). One could add a breakfast bar for a modern approach to the space and turn the dining area into a giant kitchen/eat-in banquette. This one is truly special as it is such a unique layout. Get your piece of Manhattan—and make it yours! The Excelsior is truly a step above when it comes to service. It is a luxury high-rise building with full time doormen, concierge, elevator, common laundry, valet, circular driveway, parking garage and a 20, 000 sq. ft. gym/spa with indoor pool and roof deck. Located on Billionaires Row, The Excelsior is positioned between the quiet enclave of Sutton Place and the convenience of Midtown East. Whole Foods, world class restaurants and shops, several parks and all transportation are located within a few blocks.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,530 |
Total Monthly Payment | $2,071 | $2,069 | $2,605 |
* 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.