This top floor, fully renovated two-bedroom home is ideally located just steps from Central Park. With 9' ceilings, an in-unit washer/dryer, three exposures with windows in every room, and charming details like exposed brick and a decorative fireplace, this home is not to be missed. The north and west facing living room showcases four large windows, creating a warm and inviting atmosphere. The open chef's kitchen is fully renovated and thoughtfully designed with high-end appliances, abundant storage, and generous counterspace. Both the primary bedroom, which faces north, and the east-facing secondary bedroom are serene and bright. The spacious, windowed bathroom, which is accessible from the primary bedroom and the living room, includes a dual-sink vanity and a heated towel rack. Additional features of this home include generous closet space, beautiful hardwood floors throughout, and exceptionally low monthly fees. The Raleigh Building, an iconic Upper West Side landmark, was designed by renowned architect Gilbert A. Schellenger. Built in 1902, the building includes a recently renovated lobby with Carrara White Marble, an elevator, excellent financials, video surveillance, a live-in super, and FIOS. Pets, gifting, and co-purchasing are permitted, and subletting is allowed with board approval for two out of any four-year period. This is an HDFC building with income caps at 165% AMI: $179, 355 for one person, $205, 095 for two people, $230, 670 for three people, and $256, 245 for four people. Just steps from Central Park, the building is perfectly positioned near the 1/2/3 and B/C subway lines, with easy access to Trader Joe’s, Whole Foods, Equinox, Orange Theory Fitness, cultural landmarks like the American Museum of Natural History, and a variety of local shops and restaurants. This is quintessential Upper West Side living at its finest.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,027 | $4,370 | $5,924 |
Total Monthly Payment | $4,119 | $4,462 | $6,016 |
* 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.