Buyer Incentive - Limited Time Offer! Transfer Taxes and Two Years of Common Charges Paid by Sponsor.
Private In-Person Appointments Available. Immediate Occupancy.
Welcome to the Meridian Collection at 1289 Lexington on the Upper East Side. These expansive four- and five-bedroom homes offer all the space you need to stretch out, move, breathe, and entertain.
18A, a sprawling residence with grand rooms, soaring ceilings, stunning views, and floor to ceiling windows was carefully designed to cater to the most discerning buyer.
With over 3, 600 square feet, this perfect five-bedroom floor plan includes an impressive corner great room, open kitchen with den, four secondary bedrooms with ensuite baths, and an ultraluxe primary suite with five closets and a tranquil windowed five-fixture bathroom.
As impressive in its size as in its beauty, every detail, material, and finish were thoughtfully selected by AD 100 Hall of Famer Lee Mindel of SheltonMindel.
SheltonMindel's commitment to quality and design can be seen throughout the home. From the slab and mosaic marble baths to the white oak floors and custom chef's kitchen, each room embodies quiet luxury.
In addition to aesthetics, the focus on comfortable living is echoed throughout the home. The kitchen features a full suite of deluxe Gaggenau appliances, the private laundry room offers a vented dryer and each room has designated Nest controls and custom window pockets with electricity.
1289 Lexington's amenities include a business center with four private study/Zoom rooms and a large meeting room; a Media Creation and Gaming room with Karaoke and musical instruments; an elegant lounge with a catering kitchen and landscaped terrace; a rooftop terrace with fireside seating and outdoor kitchen with grill; a windowed fitness center designed by The Wright Fit; a fun-filled playroom created by Silver Hill Atelier.
Perfectly centered between two parks, and next to myriad forms of transportation, Apartment 18A is an oasis of quiet amid all the excitement that makes the Upper East Side so desirable.
All dimensions and square footages are approximate and subject to, among other things, normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended ("Plan"). In the event of any inconsistency between this floor plan and the floor plans contained in the Plan, the floor plans contained in the Plan shall prevail and control. Plans and dimensions may contain minor variations from floor to floor. Any depictions of personal or condominium property, including, without limitation, any interior and exterior decorations, furniture, furnishings, fixtures, appliances, and landscaping (including the maturity of growth of landscaping), are for illustrative and conceptual purposes only. No representation or warranty is made that a unit owner will be able to implement the furniture layout shown above. Sponsor makes no representations or warranties except as may be set forth in the Plan. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0315. SPONSOR: 86LEX OWNER, LLC, 445 PARK AVENUE, SUITE 1902, NEW YORK, NY 10022. EQUAL HOUSING OPPORTUNITY
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,800,000
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 | $7,040,000 | $7,040,000 | $7,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $5,655 | $5,655 | $5,655 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $41,084 | $44,498 | $59,408 |
Total Monthly Payment | $46,864 | $50,278 | $65,188 |
* 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.