Direct views and approximately 40' of frontage overlooking Madison Square Park! This generously proportioned 2 Bedroom, 2 Bathroom residence at 5 East 22nd Street wraps the northwest corner of the building. The apartment boasts sunny and open vistas of some of New York City's most iconic landmarks - including the Empire State Building to the north, and the Flatiron Building to the west, juxtaposed by one of the city's most beloved and verdant parks.
The J-line is the largest 2 Bedroom layout available at Madison Green, offering almost 1, 273 square feet of living space, and generous proportions in each room. Its corner-location affords the entire residence an abundance of natural light, and all windows have been reinforced with an additional layer of acoustical glass to ensure serenity within the apartment. A laundry room for the floor is conveniently located mere steps outside the apartment door.
The Madison Green Condominium (5 east 22nd street) welcomes residents and visitors with a renovated lobby and elevators, fulltime doorman, concierge, porter, and a live-in super. Supplemental amenities include a courtyard, gym with locker room and sauna, resident lounge with kitchen and WiFi, children's playroom, dry cleaning and valet services, bike room, and storage lockers. This building is also pet friendly!
Madison Green is positioned in the nexus of downtown Manhattan, with access to an abundance of public transportation including the 6, R, W, F and M subway lines. The area is also filled with restaurants, shopping, and grocery stores including Whole Foods, Trader Joe's, Fairway Markets, Eataly, and the Union Square Farmer's Market.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,295,000
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 | $1,836,000 | $1,836,000 | $1,836,000 |
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 | $10,425 | $11,454 | $15,370 |
Total Monthly Payment | $10,550 | $11,579 | $15,495 |
* 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.