NEW TO MARKET! A rare opportunity to combine two currently separate, adjacent high-floor apartments into one sprawling residence of approximately 2, 600 SF, all enveloped in wall-to-wall, floor-to-ceiling windows showcasing stunning open city views throughout. Bring your architect and create the home of your dreams at The Mondrian, a sophisticated modern condominium in the heart of Midtown East.
Currently also available for individual purchase, residence 17AB consists of 5 rooms, 2-3 bedrooms and 3 bathrooms and residence 17C offers 3. 5 rooms, 1 bedroom and 1. 5 bathrooms. The proposed combined floor plan attached to this listing illustrates one possible configuration of 17ABC as a 7-room home with a corner living room nearly 30 feet deep, an open eat-in kitchen, a separate dining area, a large corner primary suite and three additional bedrooms, four bathrooms, a powder room and dedicated laundry room.
The Mondrian at 250 East 54th Street is a highly sought-after Midtown full-service condominium with a 24-hour white-glove staff including a doorman and concierge. There is a live-in resident manager and no more than four apartments per floor. Residents with memberships enjoy private lobby access to the on-site Equinox Fitness Club as well as SoulCycle and Blink Fitness just next door. Building amenities include a fabulous wraparound landscaped sun terrace with a grill, a newly renovated children's playroom, private storage and bicycle storage. Unparalleled in location and convenience, The Mondrian is just minutes away from the newly opened East River Esplanade, Whole Foods, Morton Williams and Trader Joe's at 59th Street as well as a host of transportation options that include the E, M and 6 trains as well as multiple bus lines and easy access to FDR Drive and the 59th Street Bridge. Pieds-a-terre, investors and pets are all welcome.
Please note that photos have been virtually furnished. The images and floor plan shown on this listing are for illustrative purposes only. All dimensions are approximate, and alterations must meet with the approval of the building's Board of Directors, building architect as well as the New York City Department of Buildings. The broker makes no representations regarding modifications to the existing floor plans.
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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 | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,679 | $17,013 | $23,064 |
Total Monthly Payment | $15,804 | $17,138 | $23,189 |
* 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.