Bring your designer and contractor to this incredible and unique opportunity at The Eastside Townhouses, a rarely available and spacious penthouse duplex two bedroom flexible three condo with a coveted large private terrace.
As you enter the lower level, you experience an optimal layout. A large foyer is the perfect transition to a wide open and sprawling living room layout. The living room impresses with a width of over 14 feet and a depth of nearly 17 feet offering maximum flexibility. One is also struck by three large windows framing open skies and extensive light all day. There is also a versatile dining alcove that can be converted to a third bedroom. The kitchen is open with ample counter top and millwork with the bonus of a breakfast bar that seats two. Included on the lower level is a massive Walk-in-Closet and a generous bathroom that includes its own washer dryer.
Moving to the upper level, there is the privacy of bright split bedrooms with abundant closet space. Perhaps the highlight of this penthouse is the expansive terrace, over 28 feet wide with open city views of the iconic midtown skyline. A perfect oasis to dine al fresco, entertain, or daily relaxing.
The East Side Townhouse Condominium is a 25-unit building that boasts not just an incredibly convenient location, the building includes a video intercom system, a new elevator and a live-in superintendent.
Situated at 250 East 31st Street, this condo is just three blocks from the nearest 6 train stop, making commuting a breeze. The surrounding area features a variety of shopping, dining, and exercise options. Local favorites include Fairway supermarket, Trader Joe's, AMC Kips Bay movie theater, Equinox gym, Birch coffee, and Cleo restaurant.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
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 | $5,135 | $5,635 | $7,486 |
Total Monthly Payment | $5,260 | $5,760 | $7,611 |
* 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.