LOCATION, LOCATION, LOCATION!
Do you work near Bryant Park, Grand Central Terminal, or Madison Square Park? Are you a foodie? Are you looking for a starter apartment within a 10-15 working distance to everything? Then look further!
You are looking at Unit 6H, your ideal apartment. The 'H' line is the largest studio at The Morgan Park Condominium. A North facing corner unit with open city views. This unit has been gutted and meticulously redesigned to have a spacious and functional layout maximizing every square footage for a living, dining and sleeping area. Comes with a in-wall HVAC unit and best of all, a window gourmet kitchen if you love to cook. distance to nearby Korea Town and endless choices of fine dining and nightlife such as Atoboy, The Bazaar by Jos Andrs, Carmellini & The Portrait Bar, George Bang Bang and Michelin Star restaurants, Eleven Madison and Atomix. There are two nearby Whole Foods, Trader Joes and shopping at Macys and on Fifth Avenue.
The Morgan Park Condominium is a post-war elevator building with 24-hour doorman and live in superintendent. Conveniently located in Murray Hill nestled between the Morgan Library and Museum and Park Avenue. Nearby access to all major transportation 4, 5, 6 (Green Line); 7 (Purple Line); B, D, F (Orange Line); N, Q, R (Yellow Line) and the new LIRR-Long Island at Grand Central.
*The common charge listed includes a low $45. 50/month bulk-billing for cable/internet.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $691 | $691 | $691 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $4,503 | $4,500 | $5,499 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.