Investor friendly (subletting allowed), this unique 1 bed / 1 bath duplex with soaring ceilings is cloaked in natural light. Equipped with a spiral staircase, which leads to an expansive, PRIVATE West facing deck overlooking the Empire State Building, Chrysler Building, Vanderbilt Tower, NY Life Building, and sweeping city views. Opposite the 69th Regiment Armory, a listed building so no danger of new construction, 61 Lexington Avenue is ideally located between Gramercy Park and Kips Bay, near Baruch College, and a short stroll to Madison Square Park, and Gramercy Park. Proximate to the 23rd and28th street 6 train, and a stone's throw to Lexington and Park Avenue's numerous restaurants and bars. Whole Foods on Madison and 28th is a short walk. The building's entrance is on25th Street and Lex, which is a pedestrianized plaza. The home offers hardwood floors, plenty of closet space, spiral staircase to the bedroom and roof deck, high ceilings, and bedroom skylight. 61 Lexington Avenue is an intimate community featuring a live-in super, elevator, centralized laundry, video intercom, and low monthly maintenance (gas, water and taxes included).
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$749,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,936 | $5,053 |
Total Monthly Payment | $4,078 | $4,028 | $5,145 |
* 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.