Best Value on Park Avenue: Classic 6 Back on the market with freshly painted walls and beautifully restored hardwood floors, this timeless classic 6 offers unbeatable value on Park Avenue. Sun floods the west-facing living room and primary bedroom through oversized windows overlooking Park Avenue. The living room’s generous proportions make it perfect for entertaining, while a formal foyer creates an elegant entryway. The primary bedroom offers an abundance of storage with its wall of closets and an ensuite bathroom. The second bedroom rivals the primary in size, with double exposures to the east and north bringing in natural light. The formal dining room, with its adaptable layout, can easily be transformed into a library, den, or third bedroom. The windowed kitchen, complete with a cozy breakfast nook, features timeless finishes, a Viking stove, and a Sub-Zero refrigerator. Move in as is, or customize it to suit your style. Off the kitchen is the versatile staff room, including a half bath, vented washer/dryer, with recently updated plumbing with an automatic water shut-off system for added peace of mind. Offering 2. 5 baths and a flexible layout with the potential for 2 to 4 bedrooms, this home is perfectly suited for a variety of lifestyle needs. Residence 5A retains its classic prewar charm with 9-foot beamed ceilings, hardwood floors, and elegant crown moldings. There are through-wall A/Cs installed throughout. 1045 Park Avenue is a full-service boutique cooperative. Conveniently located in close proximity to Central Park, Museum Mile, Whole Foods Market, fine dining, and public transportation including the Q, 4, 5, 6 trains and crosstown access. * PLEASE NOTE THE PICTURES HAVE BEEN VIRTUALLY STAGED
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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 | $1,560,000 | $1,560,000 | $1,560,000 |
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 | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,858 | $9,732 | $13,059 |
Total Monthly Payment | $8,983 | $9,857 | $13,184 |
* 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.