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525 East 86th Street, #3E, New York (Upper East Side), NY, 10028 | $370,000
Located just moments from Carl Schurz Park, a cherished landmark of the Upper East Side, unit 3E at 525 E 86th St is perfectly positioned between York Avenue and East End Avenue. This spacious studio, featuring a southeast exposure that fills the space with natural light, overlooks a serene courtyard for a tranquil living experience. The unit includes a separate kitchen and two generous closets, adding both functionality and comfort.
Built in 1962 and converted to a co-op in 1969, 525 E 86th St is a 21-story building with 138 units, a live-in superintendent, and a 24-hour doorman. Residents enjoy access to amenities such as a bike room, gym, and storage, with on-site laundry facilities for added convenience.
The location is highly accessible, with transportation options including the M86 crosstown bus, the M31 running along York Avenue, and proximity to the Q, 4, 5, and 6 subway lines. The neighborhood offers an array of conveniences, from nearby bagel shops and the popular Mansion Diner at York Ave and 86th St, to a unique bookable ping pong space.
Pets are welcome, and pied- -terre ownership is permitted, with financing available up to 70%. There is an ongoing assessment of $92. 91 per month through November 30, 2029.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 21
- Amenities: Bike Room; Garage; Fitness Room; Laundry Room; Private Storage;
- Rooms: 1
- Baths: 1 full
- Year Built: 1961
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: No
- Building Access : Elevator
- Health Club: Yes
- Service Level: Full Service
- Doorman: FullTime
- LobbyAttendant: FullTime
- OLR#: RPLU5123256459
- Days on Market: 15 days
- Website: https://www.raveis.com
/prop/RPLU5123256459/525east86thstreet_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 Douglas Elliman Real Estate
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
525 East 86th Street, #3E, New York (Upper East Side), NY, 10028
$370,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $296,000 | $296,000 | $296,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,969 | $1,967 | $2,538 |
| Total Monthly Payment | $2,044 | $2,042 | $2,613 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535