his three-bedroom, three-and-a-half-bath residence is a true jewel of Flatiron Area and 88-90 Lexington Avenue Condominium.
Its unique sprawling 530 sq. ft. terrace offers unobstructed city views and is a magnificent addition to the property's spacious living room that is ideal for both entertaining and smaller gatherings. With its high ceilings and oversized panoramic windows that capture light from double Southern and Western exposures, the space is enhanced by the design of the highly acclaimed Workshop/APD, renowned for its attention to detail in all the materials and features. Almost 3, 000 sq. ft. in size including the terrace, Residence 1506 embodies light, space, tranquility, and luxury.
The master bedroom is located in a separate wing of the residence providing absolute privacy and offering magnificent views of downtown Manhattan. It boasts a large walk-in closet and a spacious five-fixture master bathroom, featuring an oversized WetStyle Cube Collection deep soaking tub, a large shower, radiant heated floors by NuHeat, and Philippe Starck-designed Hansgrohe fixtures. Two additional bedrooms, each with en-suite bathrooms, rival the master bedroom in both views and quality of materials.
Interior details include cove and recessed overhead lighting, solid wood interior doors, and concealed window pockets pre-wired for electronic solar shades that have been installed. The contemporary kitchen features custom cabinetry made from European oak, a polished glassos slab countertop, an antique grey marble slab backsplash, Dornbracht fixtures, a Bertazzoni double-oven and cooktop, and a Sub-Zero refrigerator, freezer, and wine cooler with dual zones.
Located in the most exclusive part of the city, at the intersection of Flatiron and NoMad, just off Park Avenue South and Madison Square Park, 88-90 Lexington Avenue Condominium, a recently converted prewar building, stands out for its boutique feel and exceptional service provided by the building staff. This luxury full-service condominium offers 5-star amenities, including a state-of-the-art gym, swimming pool, children's playroom, media room, and a stunning roof terrace.
Additional storage unit can be offered for sale.
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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 | $5,280,000 | $5,280,000 | $5,280,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,566 | $32,510 | $43,846 |
Total Monthly Payment | $29,691 | $32,635 | $43,971 |
* 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.