12B at The Continental Condominium is a stunning south and east-facing 2-bedroom, 2-bathroom apartment offering 1, 150 SF (107 SM) of spacious living, currently configured as an expansive 1-bedroom that can easily be converted back to a 2 bedroom. This residence boasts a spectacular 600 SF wraparound terrace, providing breathtaking city views and an ideal setting for entertaining family and friends.
Upon entering, you are greeted by a large, welcoming foyer that leads into an open-concept living, dining, and kitchen area. The gourmet kitchen features full-sized appliances, while the apartment includes two full bathrooms. The primary suite is a true retreat, with a spa-like en suite bathroom offering a steam room and a jacuzzi tub for ultimate relaxation. Additionally, the apartment is equipped with an in-unit washer/dryer, with an extra laundry room conveniently located in the basement.
321 East 48th Street is a full-service doorman building with a live-in super, laundry room, and private storage. This prime condominium is ideally located near the 24-hour Morton Williams Supermarket, the United Nations, and Grand Central Terminal. Enjoy a variety of excellent dining options nearby, including The Smith, Crave Fishbar, Sparks Steakhouse, and La Pecora Bianca. Public transportation options are plentiful, with the E, M, and 6 subway lines just moments away and the M15 bus steps from your door.
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Our Executive Mortgage Banker:
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$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,513 | $7,054 | $9,417 |
Total Monthly Payment | $6,638 | $7,179 | $9,542 |
* 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.