February 1 Lease Start Date Perched high on the twelfth floor of The Amherst is this spacious “Junior 4, ” a two-bedroom, one bath. Enter via a bright and airy open-plan living and dining area, which enjoys western open sky and city views. There is a partially opened fully equipped kitchen, with breakfast bar, stainless steel appliances, a deep pantry, and a plethora of storage space throughout. The primary bedroom is very well-proportioned, easily accommodating a king-sized bed as well as multiple closets and storage opportunities. A four-fixture bath, adjacent to the primary but accessible via an open corridor, services both bedrooms. The former dining area has been skillfully privatized into an additional bedroom, currently serving as a nursery. The Amherst at 401 E 74th St is a full-service cooperative with 24-hour doorman and staff, including a live-in resident manager. Additional amenities include a fitness center, a resident lounge and courtyard, as well as a bucolic rooftop terrace for outdoor entertaining. Laundry is found in the basement and has been newly renovated, as have several of the buildings public spaces including the lobby and hallways. Lastly, the building boasts an attached garage. All found in the heart of the Upper East Side, nearby to some of the city’s best dining, museums, shopping. You are easily accessible to the Q, 4, 5, 6 trains and all major thoroughfares.
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $4,800 | $4,800 | $4,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $32 | $32 | $40 |
Total Monthly Payment | $107 | $107 | $115 |
* 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.