SPONSOR UNIT, NO BOARD APPROVAL! We're confident you'll fall in love with the attention to detail and dazzling, chic finishes of this 1 bedroom condo! Perfectly situated on Lexington Avenue, you'll enjoy an elevated lifestyle and be close to all the conveniences and amenities you may desire. A refined California-style kitchen with luxurious fixtures and state-of-the-art appliances flows seamlessly into the open-plan living area, filled with light coming through the glass doors that lead to a delightful private terrace. The bedroom and bathroom are cleverly designed to maximize the use of space and make the most out of the natural light and air that comes through the vast windows. Other features of this gorgeous property include a functional washer/dryer stack, climate-controlled central heating, and cooling systems for year-round comfort, and a virtual video intercom security system. Located where the Upper East Side meets East Harlem, the best of both neighborhoods is at your fingertips! This boutique luxury condo elevator building is pet-friendly and equipped with a common roof deck and virtual doorman. Neighborhood favorites include coffee shops, restaurants, bars and Central Park! Frenchy Coffee NYC, Earl's Beer and Cheese, Barking Dog, The District, Lexington Social, and Sfoglia all close by! Nearby public transportation includes 2, 3, 6 and Q trains. Note - This is a Sponsor sale so the buyer is responsible for the NYS/NYC transfer taxes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,416 | $4,353 |
Total Monthly Payment | $3,552 | $3,508 | $4,445 |
* 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.