Luxury Prewar 2BR at The Manicote | 395 Riverside Drive | Morningside Heights Located in a highly sought-after cooperative at 395 Riverside Drive, this exquisitely renovated 2-bedroom apartment offers a harmonious blend of timeless prewar elegance and modern luxury. Perfectly located on the corner of Riverside Drive and 112th Street, in the heart of Morningside Heights, this residence is a true gem, offering a rare opportunity to own in one of the most desirable buildings in the neighborhood. The apartment features soaring 9-foot ceilings, handsome moldings, beautifully refinished herringbone oak floors, and an abundance of natural light that pours in through oversized windows, creating a warm and inviting atmosphere. The gracious entry foyer flows seamlessly into a spacious living room ideal for both entertaining and relaxation. For the discerning chef, the large, eat-in chef’s kitchen is an absolute dream. Recently renovated with white quartz countertops, a Waterworks tile backsplash, and top-of-the-line appliances, it features a Sub Zero refrigerator, Bluestar gas stove, Fisher Paykel drawer dishwasher, and a Miele front-loading washer and dryer! A delightful windowed eating nook with a custom-built banquette provides the perfect spot to enjoy your morning coffee or host intimate gatherings. Additional storage beneath the banquette maximizes space, ensuring that form and function are seamlessly integrated. Both bedrooms are generously proportioned, offering peaceful, serene views of the Hudson River. Each room provides ample closet space, while the spacious bathroom is conveniently located between them, and also serves guests. Built in 1924, The Manicote is an architectural masterpiece built by Schwartz & Gross and designed by famed Sicilian architect Gaetan Ajello. This full-service cooperative offers a range of desirable amenities, including a 24-hour doorman, a live-in superintendent, and a dedicated team of porters and maintenance staff. The elegant, meticulously maintained lobby sets the tone for the building, and residents enjoy access to a well-appointed fitness center, storage cage and bicycle storage, and a laundry room. 395 Riverside is pet-friendly and features some of the most favorable financials in the area, with low monthly charges and a healthy reserve fund. With 75% financing allowed, this residence offers an exceptional opportunity for buyers seeking a luxury residence in one of Manhattan's most coveted buildings and neighborhoods. Flip tax is paid by purchaser. The location of 395 Riverside Drive is truly second to none. Situated at the entrance to Riverside Park, residents enjoy direct access to lush green space, jogging paths, and the beautiful views - and sunsets - of the Hudson River. The Cathedral of St. John the Divine provides a breathtaking backdrop, and the vibrant Columbia University neighborhood offers a wealth of dining, shopping, and cultural options. Within a few blocks, you’ll find beloved landmarks such as the Hungarian Pastry Shop, the West Side Market, and the awe-inspiring St. John the Divine Cathedral. Convenient transportation options and proximity to Mount Sinai St. Luke’s Medical Center ensure that all your needs are met, while the world-class attractions of Times Square, Lincoln Center, The Apollo Theater, and numerous museums are just a short distance away. This neighborhood is home to some of the city's finest educational institutions, including Bank Street School for Children, The School at Columbia University, The Cathedral School of St. John the Divine, St. Hilda's School, St Hugh's School, and P. S. 165 Robert E Simon. Don't miss the chance to make this exceptional property your own. Contact us today for a private showing and experience the elegance and convenience of life at 395 Riverside Drive. Up to 75% financing permitted. Flip tax is paid by purchaser. Photos virtually staged.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,230,000
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 | $984,000 | $984,000 | $984,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,821 | $6,220 | $8,304 |
Total Monthly Payment | $5,946 | $6,345 | $8,429 |
* 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.