Upon entering this expansive, recently renovated junior 4 residence, you are immediately welcomed by a gracious foyer that seamlessly flows into the rest of the home. From the living room to the dining area and bedroom, southern and western-facing windows flood the apartment with natural light, offering sweeping views that captivate throughout the day. The living room, stretching over 26 feet in length, provides ample space for both relaxation and entertaining, while the adjacent dining area is perfect for hosting dinner parties as the sun sets over the glittering skyline. The kitchen–a chef’s dream–features an abundance of sleek counter space by Caesearstone, soft-close cabinetry, and premium European appliances including a Bertazzoni oven, range, and microwave. A hallway off the foyer leads to the elegantly appointed bathroom equipped with a shower-tub combo, a modern vanity with storage, and an extra large mirror and medicine cabinet all accented by polished chrome fixtures and subway tile throughout. The generously sized bedroom, nearly 17 feet in length, is intelligently located at the end of the hall and easily accommodates a king-sized bed along with a desk and dresser. Noise-reducing windows provide a peaceful retreat, while modern conveniences like USB ports and Lutron lighting controls enhance the home's sophistication. With four spacious closets and central air for year-round comfort, this approximately 730+/- square-foot residence also offers the potential to easily convert into a two-bedroom layout. 400 East 85th Street is a full-service, pet-friendly co-op, offering a 24-hour doorman, live-in superintendent, on-site parking, a recently renovated fitness center, private storage, and a bike room. The building welcomes pieds-à-terre, gifting, co-purchasing, and guarantors on a case-by-case basis. Ideally situated near the 86th Street Q station, Carl Schurz Park, the East River Promenade, and a variety of dining and grocery options including Whole Foods and Fairway, this residence perfectly combines luxury, convenience, and the charm of living in one of New York City’s most desirable neighborhoods.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $584,000 | $584,000 | $584,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,885 | $3,881 | $5,007 |
Total Monthly Payment | $3,977 | $3,973 | $5,099 |
* 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.