Rarely available, sunlit, and spacious, this two-bedroom apartment wonderfully situated in Carnegie Hill has been freshly painted, updated, and ready for you to make it your own. Located on the 4th floor of a fantastic 8-unit building, this floor-through home features a flexible layout, with the living room and open kitchen boasting sunny western exposures, and a hallway leading to two railroad-style bedrooms, providing privacy and quiet enjoyment. A split two-bedroom layout can be easily achieved by converting the current living room into the primary bedroom and using the existing primary bedroom as the living room. The open kitchen with ample storage space features a brand-new stainless-steel refrigerator and stove. Hardwood floors, four large closets, a new Bosch washer/dryer and a European wall air-conditioner complete this not-to-be-missed gem. The building is in exceptional financial health resulting in an exceptionally low monthly maintenance of $276. Located only minutes from Fifth Avenue’s Museum Mile, Central Park, and the fabulous shops and cafes that dot Madison Avenue, 1513 Lexington Avenue is a very well-maintained and pet-friendly building, equipped with a video intercom, ADT video security system, bike storage, a small gym, and a rooftop. It is conveniently located near the 6 and Q subway lines, the M96 bus, and the FDR Drive. This is an HDFC co-op with income restrictions. Household income cannot exceed $130, 440 for one person, $149, 160 for two people, and $167, 760 for three people. Primary residence only and a 20% down payment is required. Gifting is permitted. A 30% flip tax on the apartment profit is paid by the seller. All sublets are restricted to 18 months over any 5-year period. After a sublet, the shareholder must reside in the apartment for a 2-year period before another sublet is permitted. The same income restrictions apply to the sublease, and the monthly rent charged shall not exceed the maintenance charges by more than 10%.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $412,000 | $412,000 | $412,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,811 | $2,738 | $3,533 |
Total Monthly Payment | $2,903 | $2,830 | $3,625 |
* 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.