SPONSOR OFFERING FREE PRIVATE STORAGE BIN ($35, 000 VALUE) WITH APARTMENT 2B. NO BOARD APPROVAL. NEWLY RENOVATED, TURN-KEY 2 BEDROOMS + BONUS ROOM 2. 5 BATHS APPROX 1460 sf. WITH EXTRA STORAGE
Exceptional luxury living at the iconic Merritt House.
Welcome to this spacious and inviting home in one of the most beautiful neighborhoods in Manhattan. Apartment 2B is a meticulously designed two-bedroom, two-and-a-half-bathroom jewel box offering an upscale lifestyle in the heart of the Upper East Side. This capacious home measures 1, 463 SF and features a semi-private elevator landing, an open 21' 17' living/dining room, a wood-burning fireplace, beamed ceilings, and incredible southern light.
Create wonderful meals and memories in this windowed, state-of-the-art eat-in kitchen, finished with Caesarstone countertops, custom cabinetry, and top-of-the-line Viking and Bosch appliances.
The primary bedroom suite features open street views with southern and western exposures, a spacious walk-in closet, and a private bathroom. The opulent windowed en-suite bathroom has double vanities, custom lighting, and gorgeous marble floors with radiant heat.
The second full bathroom is complete with a bathtub, beautiful marble floors, and radiant heat.
Apartment 2B also includes an elegant powder room, dedicated laundry area, thru the wall air conditioners, stunning oak floors, custom baseboard moldings, and an abundance of closets. This is the only apartment at the Merritt House with this special floor plan and room configuration.
Amenities include a 24-hour lobby, private storage and a windowed stretching and fitness center overlooking a private, landscaped courtyard. Located on 82nd Street between Lexington and Third Avenue, The Merritt House shares the block with gorgeous brownstones and high-end restaurants. With Central Park and the 4, 5 and 6 subway lines just over 3 blocks away, it is perfectly situated to provide the classic Upper East Side experience with a style all its own.
Sponsor makes no representation or warranties except as may be set forth in the Offering Plan. The complete offering terms are available in an offering plan available from the sponsor. Sponsor: SP 167 E. 82 LLC. File No. CD-070372. Equal Housing Opportunity. Disclaimer: There is a monthly assessment for $1217. 99 which began on 7/1/23 and will run for 18 months.
Photos are virtually staged. .
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,916,000 | $1,916,000 | $1,916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,879 | $11,953 | $16,039 |
Total Monthly Payment | $11,004 | $12,078 | $16,164 |
* 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.