Opportunity awaits for you to turn this blank canvas oversized pre-war corner One Bedroom with great bones and no structural work required into your custom-designed dream home basking in natural southern light in a prime Upper East Side location one block from Central Park.
Preserving its pre-warm character, highlights of this home include a breathtaking view of Central Park's Reservoir, beamed ceilings, original custom hardwood floors and a window in every single room. The gracious foyer welcomes you to the sprawling living area offering a large south-facing living area plus separate expansive raised dining area. The windowed L-shaped kitchen is an expansive base to build out your dream Chef's kitchen. The corner king size bedroom also boasts excellent south and west exposure and two large walk-in closets. Adjacent to the bedroom is your unique and versatile dressing area with a window to Central Park.
The luxurious and full-service 19 East 88th Street boasts Art Deco at its finest with Central Park serving as your backyard. White glove amenities include a full-time doorman, onsite resident manager, landscaped roof deck with dazzling park and panoramic views and seating areas, a new fitness center, windowed central laundry room, private storage and bike storage. Pets welcome. Live in the heart of the Upper East Side cultural and entertainment destinations, from Museum Mile to strolls in the park to shopping and dining along Madison Avenue.
Coop policies allow for washer/dryer in apartment and central A/C, subject to board approval and 50% financing. Capital Assessment of $493 per month through October 2027 for local law 11 facade project and hallway project. Several photos have been virtually staged for illustrative purposes only where indicated therein. Home being sold in "as is" condition. All measurements and square footages are approximate and all information should be confirmed by customer.
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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 | $716,000 | $716,000 | $716,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,065 | $4,467 | $5,994 |
Total Monthly Payment | $4,157 | $4,559 | $6,086 |
* 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.