Welcome to 420 Beekman Hill, a full service boutique co-op located in the prestigious Beekman neighborhood.
This generously proportioned, 2 bedroom, 2 bathroom home with Southern exposure, offers a highly functional layout with an abundance of storage space throughout.
Apartment 5D is in mint condition, features bright southern exposures with serene views overlooking historic Beekman townhomes and is located on a beautifully situated, quiet, cul-de-sac street.
The entry foyer leads you to the bright, airy, sun-filled living / dining area that seamlessly creates the perfect ambiance for gracious entertaining and comfortable relaxation. The windowed kitchen features granite counter tops, tiled floors and stainless steel appliances. The primary bedroom can easily accommodate a king sized bed and includes built-in closets and a private en-suite bath. The second bedroom can serve as a guest room, nursery or home office.
Located between Beekman Place and 1st Avenue, with direct access to Peter Detmold Park and the East River Esplanade. Also nearby is UN Plaza, FDR drive and local Midtown shops, stores and restaurants. You'll also enjoy the easy access to numerous bus and subway lines.
420 Beekman Hill is a well maintained Cooperative built in 1962, comprising of 108 units and 14 floors. The many amenities include a beautifully landscaped roof deck with sweeping city and river views, 24 hour doorman, refrigerated grocery storage, renovated laundry room, newly installed hi-speed fiber optic internet and a full gym. The building is pet friendly, with a pet wash room in the basement. Parking garage with direct building access and storage units for rent.
The double-height lobby with marble flooring was impeccably restored in 2020; plus the building's hallways, carpeting and lighting were completely renovated and updated in 2021.
Co purchasing and Pied-Ã -terre allowed. Subletting permitted after two years of occupancy.
Land-lease expires in 2070.
Apartment is tenant occupied until August 2025.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,628 | $2,659 | $3,403 |
Total Monthly Payment | $2,720 | $2,751 | $3,495 |
* 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.