In move-in condition, this three bedroom, three full bath at The Majestic on Central Park West and 71st Street has lush views of Central Park from the living room, library/bedroom and primary bedroom.
From the semi-private landing, enter into a light-filled living room with gorgeous light oak floors, dental moldings, high ceilings and Park views, the perfect level to watch the Thanksgiving Day parade.
Adjacent, the Park-facing library is adorned with custom millwork, en suite full bath, and readily converts to a third bedroom, should that be desirable.
The primary suite faces Central Park and has a walk-in closet, a wall of built-ins, and a five fixture windowed en suite bath.
The west-facing en suite bedroom has plenty of closets and brilliant afternoon light.
The west-facing dining room also benefits from beautiful afternoon and is lined with custom cabinetry and two fridge drawers; it is large enough to accommodate big holiday dinners. Adjacent, the eat-in windowed kitchen has a Viking vented cooktop, double Viking convection ovens, SubZero fridge, Miele dishwasher and full-size vented washer/dryer. The kitchen and adjacent office are centrally cooled.
Residents of the Majestic co-op enjoy superb amenities, including 24/7 staff, a newly renovated and expanded gym, a work-from-home room, two outdoor spaces including a garden and rooftop solarium, bike rooms, playroom, storage (waitlist) and laundry room. On-site management and live-in resident manager. Pet friendly. 50% financing permitted. 2% flip tax/buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,750,000
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 | $4,600,000 | $4,600,000 | $4,600,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,759 | $28,323 | $38,199 |
Total Monthly Payment | $25,884 | $28,448 | $38,324 |
* 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.