INVESTOR ALERT! TENANT IN PLACE! The Chatham, built by renowned architect Robert A. M. Stern, is one of the Upper East Side's most distinguished white glove buildings, personifying elegance and charm of a bygone era with contemporary living in mind. Airy and light living space and 3 bedrooms plus den/fourth bedroom and 3 baths, Apt 5A exudes luxury from the second you enter its 26-foot-long gallery outfitted in gleaming herringbone hardwood flooring. The central gallery separates the main living areas from the bedrooms, offering ideal privacy for both the primary retreat and two additional bedrooms. The thoughtfully designed layout was created with entertaining in mind and custom high-end finishes throughout are evidence that nothing was spared when designing this home. Upon entering the expansive main living space through a large open dining area, the adjacent eat-in kitchen stuns with wall-to-wall custom white cabinetry accented by black granite countertops and an intricate slate stone backsplash. Soft close automatic drawers and top line Miele appliances add an extra level of luxury. The open living room has built in surround sound and features a dramatic wall of windows overlooking the private patios and gardens of neighboring townhouses. Glass French doors lead to the perfectly converted fourth bedroom, now a home office/den. The sprawling primary retreat offers true serenity for its owners, featuring a large marble bath with double sinks, soaking tub and shower, expansive walk-in closet designed with custom shelving, and over-sized windows flooding the room with natural light. A separate elegantly designed hallway located off the main gallery leads to the two striking bedrooms and baths, one complete with its own en-suite bath. The apartment also includes a laundry room with storage. Building amenities include a lavishly appointed entrance with 24/7 doorman-concierge, resident manager, state of the art fitness center and parking garage. All the attractions of the neighborhood are very close by, from lush Central Park to world-class shopping along Madison and Fifth Avenues, museums, acclaimed restaurants and public transportation. Pets are permitted
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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 | $4,716,000 | $4,716,000 | $4,716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.648% | 6.472% | 6.032% |
Monthly Tax Payment | $2,849 | $2,849 | $2,849 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,148 | $29,422 | $39,479 |
Total Monthly Payment | $30,122 | $32,396 | $42,453 |
* 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.