Come see this generously proportioned, fully renovated 2 bedroom, 2 bathroom home in the heart of the upper east side. When entering this apartment, one is greeted by a gracious foyer with two large closets. The long gallery leads to the gracious, corner entertaining space with a wall of windows and built-in book shelf. This flexible floor plan can be utilized in many ways and accommodates seating, dining and work areas. The spacious primary bedroom and en-suite bathroom are the perfect retreat. The secondary bedroom is also generously proportioned and has an adjacent bathroom. Both bedrooms have large closets and face west with excellent light throughout the day. The kitchen features modern white cabinets, generous counter space, tiled backsplash and shelving for extra storage. With board approval, one can open the kitchen into the living room.
501 East 79th Street is a full service coop that has recently undergone a complete renovation of the facade, lobby, elevators and roof deck. The coop has low maintenance which is inclusive of utilities. The building is pied- -terre and pet friendly but does not allow subletting (the coop is 100 percent owner occupied). The building also features a 24 hour doorman, live-in resident manager, bike storage, central laundry and a garage (which has a waitlist). It is an ideal location with easy access to many parks, playgrounds, public transportation, great restaurants, food markets and shopping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,801 | $6,295 | $8,534 |
Total Monthly Payment | $5,926 | $6,420 | $8,659 |
* 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.