NOTE this apartment is on the 2nd (or Parlor) floor, not the ground floor.
Welcome to 1B at Towers on the Park Condominium, where city living harmonizes with lush green landscapes and iconic architecture. This 2BR, 1. 5 Bath apt is situated facing east towards Central Park and Frederick Douglass Circle, which floods the apt with light all day long. The recently renovated kitchen features caeserstone countertops, custom chocolate brown oak cabinetry, stainless steel appliances, and a sleek steel backsplash. The apt also sports new floors, custom A/C sleeves and mounted ceiling fans. Marble flooring is positioned in the foyer through the dining area and kitchen, creating a seamless elegance between the rooms.
Towers on the Park is highly desirable due to its infrastructure which keeps monthly carrying costs unusually low for a full-service condominium. Amenities include 24-hour doorman, live-in superintendent, in-building laundry, bike room, storage, and parking garage, along with a beautiful common garden for relaxation. Situated conveniently at the northwest corner of Central Park, the B/C subway entrance is located right outside the building. With restaurants like the Ellington and the Tang nearby, this junction where the Upper West Side meets Morningside Heights is highly appealing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,022 | $4,354 | $5,784 |
Total Monthly Payment | $4,114 | $4,446 | $5,876 |
* 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.