If you've been waiting for a large, bright apartment to call your own, welcome to 14J!
This is a great opportunity to purchase a high floor oversized 2BR/2BA condominium in the iconic I. M. Pei designed Kips Bay Towers with brand new wood flooring throughout. The building is known for its large picture windows that bathe the space in natural light and sought after for its private 3. 5 acre park.
The oversized 30" X 16" living area is practical and proportional, featuring open northern city views via three floor-to-ceiling windows. The breadth of the living room allows for a gracious sitting area, comfortable dining area plus desk for work from home with a view.
For maximum privacy, the bedrooms are located down the hall at the opposite end of the home. The primary bedroom has open views to be enjoyed from bed. This bedroom has an en-suite bath and the second bedroom is also quite large with another full bathroom across the hall. Both have more than adequate closet space. A generous entry way, massive hallway closet and new wood flooring throughout combined with uniquely low common charges and real estate taxes round out this amazing buying opportunity.
Kips Bay Towers is a full-service luxury condominium headlined by the beautifully landscaped 3. 5 acre private gardens, accessible to residents only, offers open lawns with lounge chairs, picnic tables, benches, basketball court, children's playground and various sitting areas to enjoy your private oasis. Additional amenities include full-time doormen, concierge service, onsite building management office, updated fitness center, community room, parking garage, bike storage, private storage, live-in resident manager, laundry facilities and the tastefully renovated lobby. Optimal location with Fairway Market and AMC Kips Bay Movie Theatre onsite and around the corner to Target, Trader Joe's and NYU Hospital. Close to major transportation options including the 6 train, 34th street ferry service and select 2nd Avenue and 1st Avenues buses. Ideal for primary residents, or as a pied-a-terre and for investors alike. Convenient access to Midtown Tunnel for easy transit to airports. Trust and Corporate ownership permitted.
Sorry, no pets allowed.
Please e-mail, text or call for an in-person appointment to view.
Note: Ongoing Capital Assessment of $387. 76 per month for capital projects. Real estate taxes displayed may be reduced by 17. 5% if purchasing as your primary residence (Consult your CPA). Several photos have been virtually staged for illustrative purposes only where indicated therein. All measurements and square footages are approximate and all information should be confirmed by customer.
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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 | $1,080,000 | $1,080,000 | $1,080,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,303 | $6,915 | $9,187 |
Total Monthly Payment | $6,428 | $7,040 | $9,312 |
* 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.