Perfectly located on Park Avenue and East 70th Street, this south-facing, one bedroom, one and a half bath home checks off all of the boxes - a generous 1, 100 sf footprint, an eat-in kitchen, and a beautiful 13'6" long all-season enclosed terrace perfect for enjoying your morning coffee or an evening cocktail. A gracious entry gallery with 2 large walk-in closets and a marble powder room leads into the spacious living room with plentiful wall space for art and access to the terrace. The updated eat-in kitchen overlooks the serene terrace and is complete with stainless steel appliances and granite countertops, while a convenient service entrance allows for easy access to rubbish and recycling. The primary king-sized corner bedroom, located on the opposite side of the gallery, features a private vestibule with three large closets and a windowed marble en-suite bathroom. Additional features include oak herringbone floors and through-the-wall HVAC units throughout. Constructed in 1948 by Sam Minskoff & Sons, 710 Park Avenue was one of the first apartment towers built after World War II and continues to be one of the most desirable white-glove cooperatives on Park Avenue. Residents enjoy 24-hour concierge and doorman, a resident manager, a fitness center, a landscaped courtyard, central laundry room, and private storage (included with the apartment). The building allows 50% financing, pieds-à-terre, and in-unit washer/dryer; pets are also welcome. Trust purchases permitted with board approval. 2% flip tax payable by purchaser. Alternate floor plan online showing an open concept layout.
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$999,000
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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,475 | $4,921 | $6,637 |
Total Monthly Payment | $4,567 | $5,013 | $6,729 |
* 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.