Apartment 29B is a large 1, 347 square-foot corner split two bedroom, two and a half bath residence boasting floor-to-ceiling windows that face east and south with great direct sunlight for the entire day.
The graciously proportioned bedrooms both feature bathrooms ensuite and the five-piece master bath features a very large south facing window above the bathtub. The windowed kitchen is appointed with a Miele stove & hood, wine cooler and Sub-Zero refrigerator. The apartment also features a Bosch washer/dryer in the powder room for convenience and ease. In a boutique condominium that was built in 2004 and features 76 units across 39 floors, this apartment shares the floor with just one other residence.
Nestled in between Park and Madison Avenues on 55th street, it is truly in the heart of the city within a short walk to Central Park and other urban Landmarks. A great option for the executive looking for a turn-key apartment within walking distance to work and for those who want the perfect Manhattan pad among the most exciting shopping and restaurants. The exclusive Core Club is located on the lower two floors of the building where residents have access. Park Avenue Place also features a 24/7 doorman/concierge and a live-in superintendent.
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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 | $6,600 | $6,600 | $6,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $40 | $40 | $52 |
Total Monthly Payment | $115 | $115 | $127 |
* 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.