OPEN HOUSE THIS WEEKEND IS CANCELLED
Rarely available For Sale or For Rent -the famed Sterling Plaza condominium is a spacious, Alcove Studio corner unit with 609 sq ft with marble baths! Loads of closet & easily can be made to 1 bedroom with 2 closet space! Enjoy open Midtown skyline views of the Chrysler and the Empire State from this condo unit both day and night. The windowed kitchen is ideally situated off the grand living room space that's perfectly configured to allow for easy entertaining. Conveniently located on the corner of 49th Street and Second Avenue, you will be within short distance to the UN, Grand Central, Fifth Avenue shopping, the Theater district and Central Park. This dynamic neighborhood also called Turtle Bay also offers a weekly green market directly across the street at Dag Hammarskjold Plaza and within close proximity to public transportation. The M15 and M49 bus stops are on the SW corner, and you are two blocks from the 51st street subway station (6, E, V lines). Sterling Plaza is a prestigious full-service condominium with 24-hour doorman, live in super and concierge. It is within a short distance to the Theater District, 5th Ave shopping and Central Park. The neighborhood is a community comprised of luxury high-rises Sterling Plaza was developed in 1985 with 172 units & 32 stories and lived in by Fred Wilpon; Owner of The New York Mets. Building features include a 24-hour doorman, Concierge, Bike Room, Planted Garden Courtyard and Common Storage. Subletting and Pied-a-Terres are both permitted.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$880,000
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 | $704,000 | $704,000 | $704,000 |
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 | $3,942 | $4,335 | $5,846 |
Total Monthly Payment | $4,034 | $4,427 | $5,938 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.