59 West 87th Street, #4, New York (Upper West Side), NY, 10024 | $950,000

WOW!! Incredible opportunity to purchase a 5-bedroom, 1. 5-bathroom home with a LOW maintenance and ALL FOUR exposures less than ONE block from Central Park for under $1M! Run, don't walk!!

Situated on a beautiful brownstone block, this sun-flooded apartment occupies the entire fourth floor of a turn-of-the-century brownstone and is just three flights up from the lobby level. The sprawling residence boasts southern exposures and open city views the living room and front bedroom, sunny garden views from the primary bedroom, and a windowed eat-in kitchen! In-unit washer/dryer permitted, and there is building precedent for converting the half bath into another full!

This pet-friendly cooperative is steps from Central Park and surrounded by the best shops, restaurants, public and private schools, entertainment venues, and other residential conveniences that the Upper West Side has to offer! The American Museum of Natural History is just a short stroll south, and the Children's Museum of Manhattan is even closer! Transportation is a breeze with the B and C trains on 86th Street and CPW, the 1 train on 86th and Broadway, and the 86th Street crosstown bus!

This is an HDFC cooperative, so the home must be used as one's primary residence, and total annual income cannot exceed $130, 440 for a household of 1, $149, 160 for a household of 2, $167, 760 for a household of 3, $186, 360 for a household of 4, $201, 240 for a household of 5, $216, 120 for a household of 6, $231, 120 for a household of 7, or $246, 000 for a household of 8.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 5
  • Rooms: 7
  • Bedrooms: 5
  • Baths: 1 full / 1 half
  • Laundry: None
  • Year Built: 1900
  • Pet Policy: No Pets
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU21923251147
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/RPLU21923251147/59west87thstreet_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 Brown Harris Stevens Residential Sales LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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59 West 87th Street, #4, New York (Upper West Side), NY, 10024

$950,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,256 $4,679 $6,311
Total Monthly Payment $4,348 $4,771 $6,403

* 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.