150 West 51st Street, #1724, New York (Midtown West), NY, 10019 | $640,000

Best priced 1BR in the building! A true one bedroom for the price of a studio…don’t miss this deal of an apartment. 1724 is a beautifully furnished and sunny high floor one bedroom at Executive Plaza. It’s ready to move right in or rent right out. The apartment has an open kitchen, HVAC units, ample room for a work space AND a dining area. In addition, it has ample closets, beautiful hardwood floors and updated appliances. This very special apartment is ready for new ownership—it is truly the perfect tranquil home in the middle of the busiest part of the city. Executive Plaza is a luxury condominium located in the middle of everything. Times Square, Rockefeller Center and Bryant Park are all just blocks away. The building was erected in the 1920s and was formerly the Taft Hotel. The hotel was famous for hosting big bands like Artie Shaw, Glenn Miller, and Tommy and Jimmy Dorsey. Vincent Lopez also performed in residency for 20 years and broadcast a radio show from the hotel. Today, it is a full-service building with beautiful, newly renovated lobby. The building has a gym on the top floor as well as a roof deck overlooking Times Square and Central Park. There are laundry facilities onsite, as well as a parking garage. What makes the building even more unique is that it allows for short-term renting, as short as one month at a time. Extremely low common charges top it off. Please note that no pets are allowed and there is currently an assessment of $424. 28 until 2026. Grab your piece of NYC!

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 20
  • Amenities: Fitness Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Roof Deck;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: InBasement,OnCommonFloor
  • Complex: Executive Plaza
  • Year Built: 1926
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Private Roof: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH36956943
  • Days on Market: 30 days
  • Website: https://www.raveis.com
    /prop/PRCH36956943/150west51ststreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sotheby's International Realty, Inc.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

150 West 51st Street, #1724, New York (Midtown West), NY, 10019

$640,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $512,000 $512,000 $512,000
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 $3,406 $3,403 $4,390
Total Monthly Payment $3,498 $3,495 $4,482

* 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.