Wouldn''t it be nice to have a relaxing stroll in Central Park followed by a warm cup of hot chocolate in front of your wood-burning fireplace? This is your opportunity to live just one block from Central Park!
Welcome to 7 East 85th Street, Apartment 7D!
This luxurious 1 bedroom/1 bathroom, located within a beautiful, boutique coop building, boasts beamed ceilings, hardwood floors, and a wonderful wood burning fireplace in the living room. The Living/dining room is cozy and elegant with bright, sunny exposure and a windowed pass-through kitchen featuring top of the line stainless steel appliances, custom cabinetry and a beautiful breakfast bar for entertaining.
The spacious, primary bedroom has double exposures (North and East). The bedroom accommodates a king-sized bed with a full wall of closets and plenty of room for additional furniture. There is a charming windowed bathroom adjacent to the bedroom.
7 East 85th Street is a well-maintained, intimate prewar cooperative with a live-in super, laundry room, and furnished courtyard. Located amongst some of the Upper East Side''s best shops, restaurants, cafes, and a block from Central Park. This home offers a great combination of charm and convenience! The 4, 5, 6 subway lines and MTA bus service on 86h street make transportation a breeze.
75% financing allowed and pets and pied-a-terre''s are permitted. There is 3% flip tax paid by seller.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$718,000
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 | $574,400 | $574,400 | $574,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,822 | $3,870 | $4,925 |
Total Monthly Payment | $3,914 | $3,962 | $5,017 |
* 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.