*For December 1st Start Date* Unfurnished for $5995, Option for Furnished at $6500 Penthouse Dream, One Floor Below. Looking for an unbelievable, one-of-a-kind home in the sky? Don’t miss out on the most coveted 1BR layout at 280 Park Ave South. Rare ultra high floor large one bedroom with wood burning fireplace! Spectacular Iconic Skyline Views of the Chrysler Building & the Flatiron Building right outside your windows from the 26th floor! Beautiful blue sky and sunshine all day long. With an incredible panoramic perspective from East to West, facing North. Truly the view you’ve been waiting for! The heart of the apartment is the lovely open and warm living and dining space, with one of the rarest features in the entire building, a wood-burning fireplace, only available on floors 26 & 27- the penthouse floor. The recently renovated OPEN windowed kitchen features new cabinets, new tile, new back splash. Additional upgrades made to the bathroom with new vanity and new medicine cabinet. The bedroom is huge, with a King-sized bed and plenty of room for a home office. One of the best features of the M-line, is the closet space! Which must be SEEN to be BELIEVED! (check floor plan) PRIME location with 24 HR grocery store next door, 24HR drug-store in front of the building, 2 dry cleaners & 2 parking garages on the block, & quick access to the 6 (Green) and N/R trains (Yellow). Located in the heart of the Gramercy/Flatiron neighborhood, Madison Square Park, Gramercy Park, Union Sq, Park Avenue restaurants and Flatiron shopping. 280 Park Ave South is a Full Service Doorman Luxury Building, with two massive roof-decks with 360 degree views of Manhattan and beautiful brand new outdoor furniture, providing a wonderful respite from any stressful day. Other free amenities include a 40 foot pool, brand new state of the art 24HR fitness center, his and her sauna & steam rooms, and Jacuzzi. Additional storage space available for rent. Laundry in building. Pet friendly. Need 24HR notice to show.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995
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 | $4,796 | $4,796 | $4,796 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $33 | $32 | $40 |
Total Monthly Payment | $108 | $107 | $115 |
* 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.