New Price!
This is truly a "jewelbox in the sky"! Welcome to this PERFECTLY maintained one-bedroom gem. Unit #28D, at the very desirable FONTAINE building, is an opportunity to move right in and begin enjoying this terrific building and very convenient location. With the superbly done built-ins, sensible and spacious floorplan, sweeping city views you can begin to enjoy all of the benefits of living on the Upper East Side. This home offers crown molding with recessed lighting, fresh strip hard wood floors, stainless steel appliances, an abundance of storage/closets and entertainment system with recessed speakers/electric blinds controlled by the click of a button in EVERY room!
Unit #28D offers a lovely full-time residence as well as a most perfect option for a pied a terre in the heart of Manhattan. Situated between the 6 train and the Q train, 353 East 72nd Street also offers the 72nd St crosstown bus right outside the door.
The Fontaine is a well-established, co-operative in a prime location. The building offers a newly renovated lobby, superb staff, live-in resident manager, furnished roof deck, brand new fitness room, laundry, communal storage and a bike room. Residents at the Fontaine enjoy close proximity to both the East River Promenade while also being five blocks from Central Park!
Co-purchasing and gifting are permitted, with subletting allowed after 2 years of ownership.
The building currently has 2 assessments for Local Law 11 as follows:
$328. 78/mo. through June 2025, $410. 51/mo. through March 2026
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,855 | $4,973 |
Total Monthly Payment | $4,049 | $3,947 | $5,065 |
* 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.