Elegant, spacious, and move-in ready one bedroom, one bathroom apartment with approximately 900 sq ft, 9 ft ceilings and featuring an entry foyer, well-proportioned living room and bedroom, and a brand new newly renovated kitchen, dry bar and bathroom complete with original hardwood floors and pre-war architectural details throughout.
The entry foyer, with coat closet, accesses the living room, kitchen and bedroom. The grand living room faces north, has built in bookshelves along with a separate built-out dry bar. The windowed, eat-in kitchen has been completely renovated with custom cabinetry, marble countertops and top-of-the-line appliances. The bedroom is large enough to accommodate a king size bed with additional furniture and has ample closet space. The windowed bathroom has also been renovated.
229 East 79th Street is an elegant full-service co-op on a tree-lined street on the Upper East Side. The building has a 24-hour doorman, live-in super, attentive staff, laundry facility, bike room, and a beautiful landscaped roof deck that is accessible year round. 70% financing is allowed. Pied-a-terres and pets allowed with board approval. Close to 2nd Avenue Q train, Lexington Avenue 6 train, several busses, Central Park, restaurants, museums, Whole Foods, and everything else this vibrant neighborhood has to offer. There is a 2% flip tax paid by the purchaser.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,481 |
Total Monthly Payment | $4,345 | $4,340 | $5,573 |
* 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.