Welcome to this bright and charming 1 bedroom, 1 bathroom condominium unit, situated in the heart of the Kips Bay neighborhood in Midtown Manhattan!
This well-laid out apartment features a fully-renovated kitchen with Samsung, stainless steel appliances (including ample soft-close cabinetry and a double-door fridge and freezer), a spacious combination living and dining area measuring approximately 16 feet by 15 feet, and a large bedroom measuring approximately 11 feet by 15 feet with plenty of closet space, and a three-piece bathroom. This unit also boasts original flooring throughout, as well as oversized Northeast facing windows, which provide excellent natural light in the morning and throughout the day, while offering views of the development’s private garden and a peak of One Vanderbilt, one of NYC’s newest skyscrapers in Midtown.
Kips Bay Towers is a full-service, 1, 118-unit condominium development, spanning two buildings, which offers a range of amenities, including: 24-hour door staff, resident lounge, gym, laundry room, on-site parking garage (at an additional fee), storage options, live-in super, dedicated maintenance staff and porters, a playground, basketball court and a 3+ acre private garden with views of the Empire State Building.
Kips Bay Towers was designed by architects I. M. Pei, S. J. Kessler, and James Ingo Freed, in the brutalist style and was completed in 1965, and converted to condominiums in the 1980s. That said, the development has recently undergone considerable updates to its public areas, including renovated elevators and common spaces, ensuring a fresh and modern experience for residents to enjoy.
Kips Bay Towers is conveniently located near:
• United Nations Headquarters, NYU Langone Medical Center, The NYC Ferry, and Grand Central Station
• Nearby Grocery Stores, which include Whole Foods Market, Morton Williams, D'agostino - all within 1. 0 mile
• Nearby Parks, which include St. Vartan Park, and Public Playgrounds
• Public Transportation options with easy access to the 6 subway train via 33 St Station 0. 5 miles away and multiple bus routes: M9, M15, M34A, M103
Please note: All Open Houses are by appointment only, per condominium rules. Please also note: Pets are not allowed, and there is a Monthly Assessment of $228. 86 which will expire in 2035. Thank you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,808 | $4,187 | $5,647 |
Total Monthly Payment | $3,900 | $4,279 | $5,739 |
* 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.