50 East 79th Street, 12C
Reimagine this two-bedroom, two-bath apartment at the heart of New York's Upper East Side - beckoning timeless westward-facing vistas over Central Park.
Maximizing its prime corner exposure, Unit 12C offers spectacular views to the north and west, showcasing beautiful sunsets from the Beresford to the San Remo to the Dakota. This light-filled and well-scaled residence provides an abundance of space that can't be understated. Six walk-in closets - two in the primary suite are connected by a dressing room - provide ample room for even the most extensive wardrobes. A windowed gallery kitchen is accessed both from the entrance foyer and dining room, emphasizing the home's well-designed, free-flowing floorplan.
Located at 79th and Madison just one block from Central Park near the Met and Museum Mile, 50 East 79th Street is a coveted doorman building boasting an attended lobby, state-of-the-art fitness center, and an on-site parking garage with discounted rates for shareholders, subject to availability, along with a bike room, storage, and a spacious laundry room. The co-op permits one dog per residence.
Available individually or in combination with 11BC downstairs to create a spectacular duplex, Unit 12C comes with a storage unit, with two more included if purchased with 11BC. Buyer will pay 2% flip tax; up to 65% financing permitted.
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Our Executive Mortgage Banker:
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$1,995,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,937 | $9,827 | $13,253 |
Total Monthly Payment | $9,062 | $9,952 | $13,378 |
* 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.