Due to high demand, please email only.
This is an affordable housing unit -with income restrictions. Please see the chart in the photos. 1 person 79K-141K 2 People 79K -161K .
1BR + 1BA + ALCOVE + W/D
-Gym
-Lounge
-Roofdeck
-Bike Storage
-Package Room
-Hot water and cooking gas included
Come home to The Pearl on Park, designed by well-known architects Fischer & Makooi, just two blocks from Central Park on 111th and Park Avenue.
The Pearl stands eleven stories tall; appreciate the contrasting bold charcoal facade with pristine & pearly interiors. The lobby welcomes all with a 12-foot dramatic mosaic wall. Amenities include a complete gym, co-working space, a panoramic roof deck, and bike storage. The 59 units are a mix of studios, one-bedroom, and two-bedrooms - all including its own Bosch washer/dryer. Each kitchen is curated with polished quartz countertops, soft close custom cabinetry & designer appliances.
Enjoy serene, porcelain bathrooms that feature Hansgrohe fixtures and one-piece toilets. Plentiful natural light graces every apartment with floor-to-ceiling noise-reduction windows. Control the temperature in each room with the central heating & cooling system.
Also, many apartments include private outdoor space. After a long New York City day, unwind & settle in at home, The Pearl on Park.
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:
$2,318
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 | $1,854 | $1,854 | $1,854 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $12 | $16 |
Total Monthly Payment | $88 | $87 | $91 |
* 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.