5 Riverside Drive, 3B is a 1 bedroom, 1 bathroom apartment with a spacious pre-war layout. Its north west facing exposure provides treetop views of Riverside Park and glimpses of the Hudson River. Offered in estate condition, this is an excellent opportunity for someone seeking a blank canvas to realize their vision with a rarely available floor plan in a prime Upper West Side location. Enter into a generously sized foyer that can easily be converted into a dining area. To your left, you will find the grand sunken living room anchored by the original decorative fireplace and mantel. On the other side of the foyer is the well proportioned bedroom with a huge walk-in closet. The bedroom can easily fit a king sized bed and other bedroom furniture. Original hardwood floors are found throughout the apartment ready to be refinished and restored. In the foyer and living room, the floorboards are laid out in a beautiful herringbone pattern. You'll also find beamed ceilings and original ornate railings leading to the steps into the living room. With multiple large closets off the foyer area in addition to the walk in closet in the bedroom, there will be no shortage of space for your storage needs. Washer and dryers are permitted to be installed in-unit with board approval . 5 Riverside Drive, a beautifully designed classic Art Deco building with a coveted address, was built in 1937 and designed by the team of Boak and Paris. The building is pet friendly and has round-the-clock service with a full-time doorman and a live-in superintendent, laundry, storage and a bike room. Please note that the photos have been digitally altered and staged.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $716,000 | $716,000 | $716,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,235 | $4,526 | $6,042 |
Total Monthly Payment | $4,327 | $4,618 | $6,134 |
* 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.