Step into this inviting convertible two-bedroom, one-bathroom corner unit nestled in the heart of Midtown East. Upon entry, you're welcomed by a spacious dining room and separate living area, perfect for hosting guests or unwinding after a long day. The master bedroom, located to the left, offers ample space for various layout configurations and generous closet space to accommodate your storage needs. Meanwhile, the second bedroom, measuring 10 by 12 feet, provides a cozy retreat ideal for guests or as a home office.
The kitchen boasts elegant granite countertops and sleek stainless steel appliances, creating a modern yet functional space to showcase your culinary skills. Hardwood floors seamlessly flow throughout, adding warmth and character to the apartment.
Investors will appreciate the flexible sublet policy, allowing for short-term leases with a minimum term of just one month. The easy approval process ensures a hassle-free experience. With its prime location near major transportation hubs, including Grand Central Station and the United Nations HQ, commuting in and out of the city is effortless.
Situated in The Diplomat Condominium, this full-service building offers the convenience of a 24-hour concierge and a live-in superintendent to attend to your needs. Pet-friendly policies ensure a welcoming environment for your furry companions, and the central laundry room provides added convenience for residents.
Surrounded by amenities such as the YMCA gym, parking garages, and Dag Hammarskjold Plaza park, you'll have everything you need right at your doorstep. Explore local hotspots like Smith and Wolensky, The Smith, and Sushi Yasuda, or take a leisurely stroll to iconic landmarks such as Central Park, Times Square, and Rockefeller Center.
This apartment offers exceptional value in a sought-after neighborhood known for its vibrant energy and friendly atmosphere. Don't miss out on the opportunity to make this unique residence your own.
Please note: The apartment is currently tenant-occupied, with the lease expiring on March 31, 2025, generating immediate income of $3, 995 per month for investors.
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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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | $773 | $773 | $773 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,751 | $4,127 | $5,595 |
Total Monthly Payment | $4,616 | $4,992 | $6,460 |
* 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.