Seize this rare opportunity to own a high floor, expansive five room, 2 bed/2 bath home with formal dining room in a white glove, boutique co-op at the foot of Carnegie Hill between Madison and Fifth Avenues. Residence 19B sits high above the neighboring buildings, filling every room with natural light and sky from oversized windows with exposures to the south, east and north. A welcoming 15’ gallery sets the scene for formal entertaining or cozy relaxation. The spacious primary bedroom has new wood floors, abundant closets, an en suite bathroom with double stall shower. This bedroom has two exposures, boasting beautiful southern views of the Midtown skyline and the Empire State Building and an eastern window for brilliant morning sun. The second bedroom, currently serving as a den, also has two exposures and is lined with custom wooden cabinetry. The 12’ kitchen has a window as does one of the 2 bathrooms. Apartment 19B shares a landing with only one neighbor. Fully serviced with attentive 24/7 staff and Resident Manager, this co-op permits 65% financing, pets and pieds-à-terre. The building offers an on-site garage with EV charger (wait list), bike and private shelf storage, fitness room and laundry facilities. Adjacent to Fifth Avenue’s Museum Mile and Central Park, the co-op is walking distance to some of the city’s best public and private schools, convenient transportation, excellent retail and dining options and world class museums. A 3% flip tax is payable by the buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,637 | $9,477 | $12,589 |
Total Monthly Payment | $8,762 | $9,602 | $12,714 |
* 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.