Welcome to Apartment 4O at 309 East 87th Street Nestled on a picturesque tree-lined street in the heart of the Upper East Side, this charming one-bedroom residence in a classic mid-century co-op offers both comfort and style. The thoughtful floor plan provides generous space for both living and entertaining. The corner living room boasts serene courtyard views and abundant natural light, creating a warm and inviting atmosphere. The separate galley kitchen is well-appointed and perfect for preparing home-cooked meals. The spacious bedroom, also overlooking the peaceful courtyard, features excellent closet space and plenty of sunlight for ultimate relaxation. The meticulously restored bathroom showcases elegant mid-century modern fixtures, blending timeless charm with modern convenience. Additional highlights of the apartment include newly skim-coated and painted walls, beautifully restored solid wood floors, and impressively low monthly maintenance. Recent building improvements include fully replaced windows, a newly renovated lobby and hallways, upgraded elevators, and a host of other capital enhancements. Residents enjoy a wide array of amenities, including: • Full-time doorman and resident manager • Private storage and bike storage • Private parking garage with direct lobby access and discounted rates • Convenient lobby-level laundry room • A newly added 3, 000+ sq. ft. outdoor common backyard, perfect for relaxation and socializing The building's prime location ensures unbeatable convenience, just one block from the Q train and close to the 4, 5, and 6 subway lines, as well as multiple bus routes. Nearby, you'll find Whole Foods, Fairway, Carl Schurz Park, Asphalt Green, and Central Park, along with an array of dining and shopping options. This pet-friendly co-op allows pied-à-terre, co-purchasing, and parents buying for children, making it a flexible and desirable choice for a variety of lifestyles. Discover the perfect combination of tranquility and city convenience at 309 East 87th Street, Apartment 4O – your new home awaits!
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Our Executive Mortgage Banker:
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$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,628 | $2,628 | $3,348 |
Total Monthly Payment | $2,720 | $2,720 | $3,440 |
* 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.