Triple mint pre-war condo with a spacious private terrace in a perfect East Side location.
No detail was overlooked in this two bed, one and a half bath gut renovated home. Sunny and south facing it has a 46' long private terrace spanning the entire length of the apartment, with access from both the living room and primary bedroom. The kitchen is simply stunning with top-of-the-line stainless steel appliances, a built-in breakfast bar, and washer dryer. Perfect for entertaining the kitchen is open to the generously proportioned living room which has a custom dry-bar. The large primary suite easily accommodates a king size bed and has two custom California Closets. The en-suite spa like bath has a rainforest shower head and generous counter space. The second bedroom, which is sizable and also south-facing, serves as a versatile space and can double as a den or home office. The high ceilings throughout provide a wonderful open feel to the home.
Situated between Park and Madison Avenues, 40 East 61st Street is a pre-war condominium with 24-hour door attendants and a live-in super. The location couldn't be better, between access to Central Park and shopping and dining along Madison, you have it all at your fingertips. Transportation surrounds the apartment with the N/Q/R/W, 4/5/6, and F trains, buses, and CitiBike stations just moments away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,375,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,900,000 | $1,900,000 | $1,900,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,937 | $12,009 | $16,033 |
Total Monthly Payment | $11,062 | $12,134 | $16,158 |
* 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.