This is a large, 1, 819 square foot, two bedroom, two-and-a-half bath apartment in one of the most desirable Condominium buildings in the Flatiron/Gramercy Park/Union Square district of Manhattan.
Perfectly located on the sixth floor at Park Avenue and 21st Street, the apartment has two large bedrooms, each with an ensuite bath, a powder room in the entranceway, and a large open Kitchen/Living/Dining area with a wall of windows overlooking Park Avenue. Both bedrooms are pin-drop quiet, and have windows which overlook the building's interior courtyard. The ceilings are nearly 11' high. It's fully air-conditioned, and there is a washer/dryer in the apartment.
260 Park Avenue South is a luxury boutique condominium comprised of two re-purposed neoclassical office buildings circa 1917 & 1930 respectively. The conversion was done in 2004 by Karl Fisher/Shamir Shah and the building has retained its elegance and desirability since that time. The Condominium is fully staffed with a beautifully landscaped lobby; it's loaded with amenities such as a gym and roof deck. Over the years 260 Park Avenue South has served as a home to many real estate professionals - a testament to the project's quality and
location.
The apartment is fully-loaded with extras too, and may be sold furnished or semi-furnished if the purchaser desires. All in all it makes for a perfect City home or pied a terre. Pets are welcome!
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Our Executive Mortgage Banker:
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$3,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $2,600,000 | $2,600,000 | $2,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,380 | $16,648 | $22,116 |
Total Monthly Payment | $15,505 | $16,773 | $22,241 |
* 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.