RARE ESTATE WITH ROYAL TERRACE
Available for the first time in a generation, this very high floor "diamond in the rough" 2 bedroom 2 bathroom faces south from every room! The whole property is flooded in gorgeous southern light. The exceptional terrace spans half the length this residence, and offers side views east to the east river. There is a windowed kitchen, dining alcove, and amazing closet space throughout. The primary bedroom is ensuite and has direct access to the sensational terrace. The living room is exceptionally long as well as wide. The second bedroom can easily convert into a library or media directly off the living area and then with added access to the terrace as well. This apartment is on the second highest floor in the building, only one floor below the penthouse level.
Bring your contractor to this perfect horizontal high floor home, to make it your own!
The Caravelle cooperative is located in the heart of Yorkville. with 24-hour doorman and live-in super. Recent building updates include fully modernized hallways and a beautifully renovated new lobby. Pets are welcome. There is a fitness room, storage room, including bicycles, laundry room and beautiful roof deck. Just moments from Carl Schurz Park, situated on the East River, with pickle ball courts, dog runs, playground and track along the Promenade. Less than 2 blocks to the Q train and even closer to the 86th street cross town, and York Avenue transportation. There are many celebrated restaurants and shops in the area; including Fairway and Whole Foods.
No Washer Dryer.Gifting is allowed, no co purchasing.
No Pied a Terre.
80% finance is allowed.
There is a 1. 5% flip tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $5,349 | $5,865 | $7,826 |
* 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.