Residence 1020 is elegant, modern, and upgraded apartment with spectacular views of East River, Manhattan skyline and lush green park with beautiful landscape in front of the building. Facing South, this home has an abundance of natural sunlight. The space is immaculately designed and highly functional. There's plenty of storage with spacious closets, cabinets, shelves, and custom-built wardrobe system equipped with motion-sensor accent light that turns off automatically. Friedrich WallMaster Through-The-Wall Air Conditioner has remote control. There's perfectly set up home office to keep all documents and gadgets together for productive work. With smartly configured and easy to use queen size murphy bed, the apartment can be easily transformed from spacious living room to comfortable bedroom. The bathroom with large tasteful tiles in natural colors and glass sliding doors has stylish, spa-like ambiance. The kitchen has full size LG refrigerator, build-in electric cooktop, custom built pantry, multiple floor-to-ceiling cabinets, wine storage, a large sleek granite counter with 2 comfortable bar stools. It makes an ideal place to cook meals, entertain and enjoy your favourite drink with a spectacular view. The sun terrace in the building is not only most beautiful and largest rooftops in Midtown, but in all of New York. It offers breath-taking 360-degree panoramic views of Manhattan, East River and UN Headquarters, modern patio furniture including tables and sunbed, well maintained herbal / flower garden and even high-speed Wi-Fi connection. Prospect Towers is full service, 24-hour doorman building with elevators, laundry room, bike storage, additional storage lockers available for rent, outstanding live-in super, friendly staff, and excellent financials. It has been home to numerous celebrated residents and was featured in many films and TV shows. There's an easy access to Central Park, Chelsea, and every part of the city as the building is close to subways, busses, Grand Central Terminal, East River Ferry, and FDR. Conveniently located, it's close to top restaurants and wine bars, shops, world class hotels, Theatre District, Embassies and Art Galleries with numerous culturally exciting events, entertainment, and nightlife. There are two Whole Foods (at Bryant Park & 57th St) and Trader Joe within a short walking distance. Residents have exclusive access to Fitness Centre at 5 Tudor City Place for a small monthly fee. Maintenance includes electricity, heat, hot water, and all taxes. Apartment is in move in condition as a perfect starter home or pied-a-terre.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $303,200 | $303,200 | $303,200 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $2,015 | $2,557 |
Total Monthly Payment | $2,092 | $2,090 | $2,632 |
* 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.