Rare Combination Opportunity to create a stunning 2 bedroom/2bathroom apartment at 319 East 50th Street
Both Apartments 9-E and 9-D need to be combined
Bring Your Architect!
Apartments 9DE
$1, 155, 000
Maintenance: $3, 143
This an easy combination with two gorgeously renovated apartments that boast lovely southern and eastern views. Apartment 9-E is a large one bedroom with a home office and a grand master bedroom suite. It boasts an open windowed kitchen with state of the art appliances and granite counter tops with mosaic glass backsplash. The living area features an expansive layout with high beamed ceilings, track lighting and northern exposure. The bathroom is beautifully adorned with Italian stone throughout. There is also a jacuzzi soaking tub, a separate shower stall, speakers and TV. This corner prewar gem boasts double exposure in the bedroom with can easily be converted to a two bedroom/two bathroom home by combining it with adjacent apartment 9D, a beautifully renovated studio.
Apartment 9D is a designer studio with custom cabinetry and built in Murphy. It is accentuated by a wall of windows facing south and boasts new ultra modern floors and a state of the art open kitchen with wrap around quartz counter top, custom cabinetry and stainless steel appliances. There is also a gracious entry foyer and a dressing alcove. This stunning home also boasts a beautifully renovated marble bath, new vanity and fixtures. Please see attached proposed floor plan. This combination has been done before in the building and is great for the discerning homebuyer who loves prewar charm and an expansive layout.
There is a capital assessment in place through December 31st, 2025 which is $329 total.
Craft the two bedroom home of your dreams by easy breakthrough to adjoin both units and swapping out a kitchen for a laundry room. This is the most commonly proposed new layout but you are only limited by the imagination of your architect and ideas.
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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 | $924,000 | $924,000 | $924,000 |
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 | $5,392 | $5,916 | $7,860 |
Total Monthly Payment | $5,517 | $6,041 | $7,985 |
* 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.