Experience the pinnacle of luxury and best value in this stunning and one of the largest studios available in the UES at the highly sought-after Wellington Tower.
Drenched in natural light from its extra-large eastern exposure windows, this Upper East Side gem features an efficient and expansive layout with a long gallery hallway, parquet floors, massive closet, and a modern bathroom with a soaking tub, creating a personal spa-like retreat. The spacious galley kitchen is a chefs dream with long granite countertops, full-sized stainless steel appliances, abundant cabinet space, and a convenient pantry closet with washer/dryer hookups.
Residents enjoy a discounted Spectrum package included in the common charges, providing internet and basic cable services. This studio presents a great value opportunity in one of NYCs most desirable neighborhoods.
Wellington Tower is a full-service luxury condominium with a comprehensive suite of amenities and full-service offerings that leaves nothing to be desired. From the moment you step into the elegant lobby, youll be greeted by a 24-hour doorman and concierge service. Stay with the state-of-the-art gym equipped with Peloton and Les Mills bikes, or unwind in the spa area featuring a sauna, steam room, and large saltwater indoor pool. Unwind in the lounge and library with complimentary WiFi. There is a childrens playroom in the building, ensuring everyone has a space to enjoy. Additionally, residents benefit from a live-in superintendent and an onsite garage (additional charge). Plus, the building is pet-friendly.
Located on 82nd Street between First and Second Avenue, Wellington Tower offers the quintessential Upper East Side experience, surrounded by charming cafes, lively bars, and exquisite restaurants. Your shopping needs are met with the finest selection at Agata & Valentina, Fairway, Morton Williams, and Whole Foods, while a weekly farmers market adds a delightful touch to your grocery routine just half block away. Outdoor enthusiasts will love the proximity to Carl Schurz Park and Central Park. Commuting is a breeze with the Q train just a block away and the 4/5/6 lines, cross-town buses and multiple CitiBike docks within easy reach. This prime location ensures youll have everything you need right at your doorstep.
The apartment can be delivered vacant for an end user or pied-a-terre, or with a tenant in place, perfect for an investor looking for an immediate income producing property or a 1031 exchange.
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $575,200 | $575,200 | $575,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,827 | $3,823 | $4,932 |
Total Monthly Payment | $3,919 | $3,915 | $5,024 |
* 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.