This Classic 3 Bed/2 Bath home in a beautiful 1920''s building on Riverside Drive is on the top floor and has exposures on three exposures, so there is lots of natural light. The large living room can accommodate a space for dining. The original wood floors are richly colored and in good condition, and the 9 & and 10 foot ceilings showcase the classic crown moldings. Each of the two largest bedrooms have windows on two exposures. The primary bedroom has a large walk-in closet, and the second bedroom is also large, big enough for a king size bed, and has two large closets. The former maid''s room can be used as a child''s bedroom, as a home office or study. The windowed eat-in kitchen has plenty of space to prepare even gourmet meals, and has its own very large storage closet. The main bathroom is classic: it has the original subway tiles, and the original soaking tub.
370 Riverside Drive is one of those coveted classic Upper West Side masterpieces of a building. It''s full service with a 24 hour door staff and a resident manager. It has a landscaped common roof deck with spectacular views of the Hudson River sweeping up to the George Washington Bridge, and beyond. The co-op has a large community room which also has a children''s playroom. There''s individual private storage and bike storage. Even though this is a classic pre-war building washers and dryers are allowed in individual units; but if you prefer you can also use the central laundry room. Pieds-a-terre are allowed at 370 Riverside, and co-purchasing, gifting and guarantors are also allowed on a case-by-case basis. The building is pet friendly, and there is NO flip tax! There is a monthly capital contribution of $463. 92.
Across the street is the beautiful Riverside Park, hugging the Hudson River along the Hudson Waterfront Greenway. It''s superb for all kinds of outdoor activities, including biking, jogging, and even trips to the dog run. Morningside Park is just a few blocks away, and the rustic northwest corner of Central Park is also close by. You''re Blocks away from Columbia University and the culturally rich community that surrounds it. Wonderful restaurants and shops are also nearby. And 370 Riverside Drive is close to public transit: You''re literally around the corner from The 1 train, and down the block from the crosstown and Broadway bus lines.
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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 | $1,120,000 | $1,120,000 | $1,120,000 |
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 | $6,272 | $6,805 | $9,226 |
Total Monthly Payment | $6,397 | $6,930 | $9,351 |
* 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.