This is a rare and exciting offering at the famed and coveted Swarthmore, a grand and elegant full-service coop residence located at 404 Riverside Drive. In the past 10 years the building has averaged only 1 sale per year. They just don't come up often. Apartment 11A is a stunning high floor large north/east corner apartment with soaring open views from every one of its beautifully proportioned rooms.
You know you are in a special home as soon as you walk in. The gracious hallway off the entry foyer is filled with light. Upon entering, you are struck by the space, scale, original detail and elegant proportions of light-filled rooms with soaring ceilings and beautiful partial river and open city views.
The apartment has been lovingly maintained with tasteful updates, including new windows throughout. It retains many extraordinary prewar details. The 22 x18 LR has elaborate plasterwork moldings including a ceiling medallion, original oak parquet floors with varying beautiful marquetry, and a decorative fireplace. The 12x 18 dining room gets superb eastern light (and can easily serve as a fourth bedroom). The large 19x 16 primary corner bedroom is sun flooded with two exposure open city views, and a spacious renovated bathroom with open east views. The second bedroom also has two exposures and gets terrific light. There is a central bathroom which has the original decorative tiles, deep cast iron tub, pedestal sink and an impressive separate multi-head shower stall with the original chromed cage water pipes enclosure and porcelain floor. These are museum caliber remnants! There is a large maid's room which has been used as office and third bedroom with its sleeping loft. The original maid's half bathroom hous es a washer/dryer, but can be restored if so desired. Lastly, the kitchen has been updated with new cabinets and granite counters.
Entry into The Strathmore immediately evokes a by-gone era and a fabled living style where you will enjoy unmatched elegance and ambiance in this most sought after address. The Strathmore is honored with an entire chapter in Andrew Alpern's iconic "Luxury Apartment Houses of Manhattan". This full service building is located in the heart of the flourishing Columbia University neighborhood and a particularly beautiful span of Riverside Park with public tennis courts just a short walk away. The thriving area offers a multitude of superb living experiences and unrivalled cultural and intellectual energy. There are numerous dining, shopping and entertainment venues conveniently located in the area as well as exciting new construction, excellent school options and convenient transportation.
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Our Executive Mortgage Banker:
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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 | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,062 | $9,957 | $13,360 |
Total Monthly Payment | $9,187 | $10,082 | $13,485 |
* 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.