140 East 56th St. is a centrally located condo set in the heart of Midtown. With a flexible layout and south-facing sunny big city views, this is perfect as a pied-a-terre, investment property or primary residence. Pets are welcome! This charming A-line Jr. 1BR has a separate living and dining area, and a stand alone kitchen featuring a dishwasher and a built-in convenient breakfast space. The apartment has beautiful parquet wooden floors and a total of 4 ample closets.
The location and layout of the apartment are ideal for hybrid work. Located in the heart of Midtown, walk to work within minutes or set up an efficient home office tucked away behind closed doors within the spacious living room closet.
Access to subway lines - E, F, N, R, W, 4, 5, 6 & numerous bus routes.
There is a full-time doorman for convenience and privacy with an on-site super, an impressive mahogany and marble lobby, package room, newly renovated card-operated laundry room as well as a bike room & storage room. Parking next door is available for rent. Both FIOS and Spectrum are available.
The location is about convenience, luxury, and easy access to cultural institutions. Set right in the middle of Midtown Manhattan, luxury shopping is at your front door. From Bloomingdale’s and Tiffany to Gucci and Bergdorf Goodman, you have access to all of the best 5th Avenue & Madison Avenue boutiques. Central Park is a quick 10 minute walk & Whole Foods is 2 blocks away. The apartment is also in close proximity to Grand Central, Rockefeller Center, MoMA, Art auction houses & galleries making this small gem a prime investment.
“While every attempt is made to ensure accuracy, this floor plan is for guidance only. The measurements, dimensions, specifications, and other data shown are approximate and may not be to scale. We assume no responsibility for the accuracy of this floor plan or for any action taken in reliance thereon. This floor plan does not create any representation, warranty or contract. All parties should consult a professional, such as an architect, to verify the information contained herein. ”
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$630,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $504,000 | $504,000 | $504,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,353 | $3,396 | $4,321 |
Total Monthly Payment | $3,445 | $3,488 | $4,413 |
* 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.