This extra large one bedroom with plenty of space for a desk area is a perfect set up for those functioning from home.
The unique open layout is conducive for today's lifestyle with a sliding door that separates the bedroom; it can be open for a loft feel or closed for privacy. Filled with light and pin-drop quiet, this apartment is a sanctuary in the center of the city. The charming entry gallery features a wall of closets and enters into the corner living area with wrap-around windows. The windowed chef's kitchen has gray slate floors, custom cherry wood cabinets, granite countertops, and an oversized refrigerator. Just off the living room is the primary bedroom suite featuring sizable closet space and an en-suite full bathroom with separate shower stall. The layout also allows for entry to the bathroom without going through the bedroom which is nice for visiting guests.
425 Fifth is a white-glove full service building with 24 hour doorman, live-in resident manager, gym, lap-pool, steam & sauna rooms, laundry room, outdoor wrap-around terrace, private cinema room, business center, marbled lobby and residence lounge. Designed by the star architect Michael Graves. The iconic building is conveniently located from Grand Central, major transportation, Bryant Park, the New York Public Library, local restaurants and the Morgan library Museum.
The building has a no dog policy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,300
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 | $3,440 | $3,440 | $3,440 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $23 | $23 | $30 |
Total Monthly Payment | $98 | $98 | $105 |
* 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.