Corner Penthouse Living
Bathed in light through wall-to-wall windows and an enormous skylight, this magnificent, fully renovated 2-bedroom, 2-bathroom penthouse has the most unique and tranquil Broadway views you'll ever find.
The dual exposure living / dining room is enveloped with sky and prewar building views, and punctuated by a breathtaking skylight. A chef's kitchen is set apart from the living area and has custom cabinets, a pull-out pantry, endless granite counter tops, Sub-Zero, Viking and Bosch appliances, and a breakfast bar.
Quiet and spacious, the primary suite has two large custom closets and an en-suite 4-piece bathroom with dual sinks, spa tub and shower. Currently used as an office, the second bedroom has a large walk-in, custom-built closet. A second hall bathroom boasts floor to ceiling Italian marble and glass tiles. Additional features include hardwood floors throughout, custom automatic shades and window coverings, in-unit washer/dryer and custom lighting.
The Central at 250 West 88th Street was originally built in 1920 and converted to condominium in the mid-1990s. The pre-war, Upper West Side building offers a full-time doorperson, resident manager, central laundry, bike and individual storage. Pets are not allowed. Enjoy Central Park, Riverside Park and the Hudson River, an amazing specialty grocery across the street, Zabar's, Fairway, and AMC Movie Theater a few blocks away and the 1 train around the corner; convenience is at your doorstep.
An extensive facade project and a new roof were recently completed. There is a capital assessment of $411. 07 per month through April 2030 to pay for that work and to replenish reserves. Real estate taxes are presented net of the coop/condo primary residence abatement.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
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 | $8,064 | $8,750 | $11,862 |
Total Monthly Payment | $8,189 | $8,875 | $11,987 |
* 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.