Introducing Residence 25ST at 245 East 54th Street - A rarely available 2-bed / 2-bath corner unit in turnkey condition at the Brevard. Residence 25ST features a split-bedroom layout, north and west open city views, new windows, crown molding and hardwood flooring throughout.
Step into a gracious foyer which seamlessly flows into the 28' deep living room. The delightful windowed kitchen features abundant shaker style cabinetry, granite countertop, white backsplash tiles, a SubZero refrigerator, and full-size dishwasher and cooking range. Flanking either side of the living room are the bedrooms. The impressive primary bedroom suite (26'6" x 12'3") has large west facing windows with city views, large walk-in closet with a dressing room area, and a sizable ensuite bathroom with walk-in shower and built-in vanity. The second bedroom has large windows facing north, abundant closet space and a beautifully renovated bathroom with tub.
The Brevard is a full-service cooperative perfectly situated on 54th Street between 2nd / 3rd Avenues. Amenities include 24/7 concierge service, a central laundry room, renovated hallways and lobby, and a furnished roof deck with amazing 360-degree city views. Trader Joe's, Whole Foods, Equinox, SoulCycle, popular restaurants and bars, and the 4/5/6/E/M trains are all nearby, as well as the revamped Sutton Park and the East River Esplanade. Pied- -terre, gifting, and small pets (under 15 lbs) are allowed. After two years as a primary residence, owners can sublet for up to 5 years over life of ownership. Flip tax is $2. 00 per share to be paid by the Buyer.
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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 | $920,000 | $920,000 | $920,000 |
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 | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $5,349 | $5,865 | $7,826 |
* 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.