Experience the epitome of modern city living in this sleek, spacious 3-bedroom, 2. 5-bathroom condominium, perfectly situated in Midtown East's most sought-after new development. With 1, 859 square feet of impeccably designed living space and a sprawling 210 square foot private terrace, this home offers the perfect blend of luxury, comfort, and outdoor entertaining potential.
As you step inside, you'll be greeted by expansive open-plan living areas with high ceilings, and it offers South and North exposures through floor-to-ceiling windows. The windows are fully insulated to reduce noise and can open-up 2 ways. The gourmet kitchen is a true showpiece, complete with customized with high end finishes including European kitchens and appliances, hardwood floors, stone countertop ample counter space, and sleek cabinetry - the perfect space for culinary enthusiasts. The adjacent dining area comfortably accommodates large tables for hosting dinner parties, while the expansive living room offers ample space for lounging and relaxation. Large size of washer and dryer in unit and an extra laundry room in the building.
The private primary suite is a serene retreat, complete with a spa-inspired en-suite bathroom featuring a glass-enclosed walk-in shower, radiant heated floor, and dual vanities. Two additional generously sized bedrooms each boast plentiful closet space and share access to a beautifully appointed full bathroom.
Designed by Architect Isaac and Stern, 249 East 50th Street Condominium is a brand-new boutique development. Striking a balance between modern and conservative, the building's fa ade of limestone panels and large windows was designed to blend seamlessly into the Midtown East neighborhood. The development is a full-service doorman building with an array of amenities, including a gym, bike storage, and a roof deck.
Located in the Turtle Bay neighborhood of Manhattan, 249 East 50th is only two blocks from the 6, M, and E trains. In addition, the neighborhood's proximity to the United Nations provides unique and unparalleled access to international flavors.
249 East 50th is at the center of it all, with a plethora of upscale restaurants and eateries like Avra Estiatorio and Smith and Wollensky. A range of grocery stores is also nearby-from the natural and organic-focused Whole Foods Market to D'Agostino and Morton Williams.
The property tax can be 17. 5% lower if the unit is used as a primary residence and held under personal names.
Photos are virtually staged. Contact the listing agents now to schedule a private viewing.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,679 | $17,013 | $23,064 |
Total Monthly Payment | $15,804 | $17,138 | $23,189 |
* 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.