Experience timeless Upper East Side living in this sun-splashed, move-in-ready co-op featuring custom details, abundant closet space, a sprawling combination layout, and open views of a tree-lined street and historic landmarked townhouses.
Close to Central Park, the Metropolitan Museum of Art, Whole Foods, and a myriad of dining and nightlife options, this renovated 2-bedroom, 2-bathroom residence truly has it all. It begins with a bright living room that flows seamlessly into the dining area, perfect for effortless entertaining and everyday living.
Beautiful hardwood floors and an integrated surround sound audio system run throughout the space, while exposed steel beams and large sash windows give it a loft-like feel. Off the living room, a gallery-like area with custom bookshelves can serve as an office, den, library, or sleeping nook with a shelf that converts into a bed.
The kitchen features a windowed eat-in peninsula with sleek 24-foot Quantra stone countertops, a stylish tiled backsplash, custom cabinetry, and high-end stainless steel appliances, including an Italian gas range and under-counter Sub Zero refrigeration and freezer.
Both bedrooms are quiet and private, thanks to a split-wing layout. The secluded primary suite features a wall of sensor-illuminated closets and a windowed en-suite bathroom, which is glass-enclosed and adorned with smoked-glass wall tiles, a floating vanity, a wall-mounted toilet, and a walk-in shower. The second bedroom adjoins the living room and offers dual exposures framed by treetop views, reach-in closets, and easy access to a windowed second bathroom with chic tilework, a floating vanity, and a soaking tub with a shower.
221 East 78th Street is a charming boutique co-op with part-time door attendants, a live-in superintendent, shared laundry facilities, storage, a bicycle room, and a tranquil courtyard adorned with furniture, a waterfall, and seasonal plantings to delight the senses.
The building is just moments from restaurants, cafes, and shops, with accessible subway lines including the 4, 5, 6, and Q. Dogs, cats, and pieds- -terre are welcome. A 2% flip tax is paid by the buyer, and 80% maximum financing is permitted.
Don't miss this opportunity to make this stunning apartment your home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
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 | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,882 | $6,463 | $8,673 |
Total Monthly Payment | $6,007 | $6,588 | $8,798 |
* 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.