Sophisticated contemporary design meets prewar elegance in this 1 Bedroom plus large loft at the full-service 254 Park Avenue South Condominium in prime Flatiron. With soaring 12 foot beamed ceilings and two floor-to-ceiling Juliet balconies, the space offers open and flexible living including the perfect nook for work from home optionality. The sleek, open kitchen features premium Bosch, Liebherr, and Kohler appliances, complemented by a plethora of stone countertops and cabinet storage. Stylish wide oak floors run throughout the living area and bedroom, separated by stylish pocket doors for convenience.
The king sized bedroom has ample room for a sitting area or alternative work from home setup and oversized closet. The spa-like bathroom includes lavastone finishes and an oversized glass-enclosed shower for a true retreat. This home offers abundant storage with 3 large closets including a deep closet adjacent to the kitchen serving as a pantry, a washer/dryer and a versatile sleep loft ideal for a guest sleeping area, home office and/or massive storage.
Enjoy the convenience and luxury of a full-time doorman, an expansive complimentary fitness center, and a private residents' lounge. Managed by a full-time resident manager, this Park Avenue South gem offers the perfect blend of style, comfort, and amenities in one of Manhattan's most coveted locations at the nexus of Nomad, Gramercy, Greenwich Village and Chelsea. Pied-a-terres, investors and trust purchasers and pets welcome. Real estate taxes displayed may be reduced by 17. 5% if purchasing as your primary residence (Consult your CPA). All measurements and square footages are approximate and all information should be confirmed by customer.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $5,349 | $5,865 | $7,826 |
* 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.