241 5th Avenue #5A is a bright and modern 1 bedroom apartment with views over 5th Avenue. Located in NoMad, on the edge of Flatiron and Chelsea, and just one block from Madison Square Park, this 24 hour doorman Condominium is perfectly situated to public transportation to get anywhere in NYC efficiently.
The apartment features an open living room, white oak floors and Western facing, oversized floor to ceiling windows. A fully equipped open kitchen boasts modern appliances including a dishwasher and washer/dryer in unit. With a bedroom large enough for a King size bed, enjoy the bed size of your choice. The bathroom has an enclosed glass shower with deep soaking tub, stone tile floors that include radiant heat for added warmth.
Building amenities include 24-hour doorman and concierge services, live-in superintendent, top of the line fitness center, yoga/meditation room, resident lounge and rooftop terrace with amazing city views north to the Empire State Building and south to the Flatiron Building. One block to Whole Foods Market. Close subway access on 28th Street for the 1, R, W, 6 and Herald Square for the N, R, Q, W, B, D, F, M.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,997 | $5,418 | $7,308 |
Total Monthly Payment | $5,122 | $5,543 | $7,433 |
* 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.