Modern and renovated south-facing pre-war loft, impeccably located in a full-service Midtown co-op. Delivering wow-factor with barrel-vaulted 12-foot ceilings and functioning like a one bedroom, this home is renovated to deliver the owner a warmth and volume of space that typifies Manhattan loft living. This move-in ready property features a huge 25'-long great room with dedicated space for relaxing, dining and working from home, newer wide-plank European Oak floors, a renovated kitchen with stainless steel appliances, renovated spa-style bathroom, a separate and private lofted sleeping area with bedroom-like separation, ample closet space and storage throughout, split HVAC, Lutron lighting system and a bright southern exposure offering a peek at the Empire State Building. 372 Fifth Avenue is an architecturally significant pre-war cooperative loft building at the northwest corner of 35th and Fifth. The full-service building offers its residents a 24-hour doorman and exceptional staff, including a live-in super and porters. It features a roof deck with breathtaking views of Midtown Manhattan, on-floor laundry facilities throughout the building, bike room and storage room. Pets, subletting, pied-a-terres, parents buying for children, co-purchasers, guarantors and gifting are permitted, subject to board approval. There are currently two assessments, with the first amounting to $24. 91/mo until 2/2026 and the second amounting to $99. 65/mo until 2/2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$585,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,074 | $3,110 | $3,947 |
Total Monthly Payment | $3,166 | $3,202 | $4,039 |
* 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.