Located in the premier La Résidence condominium, designed by renowned architect Thierry Despont, this spectacular and beautifully renovated 2-bedroom home offers modern comfort and style in a full-service boutique setting. Entering the residence through a semi-private elevator landing, one is immediately struck by the elegant aesthetic, the open views of the city beyond, and the brilliant eastern light streaming through new oversized windows. The beautifully renovated open kitchen also enjoys great light and open views to Park Avenue and beyond. It is outfitted with top of the line stainless steel appliances including a Sub-Zero refrigerator, Miele dishwasher, and Viking range and oven. The two bedrooms boast brilliant light and open western views, with Central Park and the Metropolitan Museum visible from both bedrooms. The bathrooms are tastefully and fully renovated. This mint condition residence, bathed in natural light, also features Central AC, handsome hardwood floors throughout, custom lighting, elegant moldings, and plenty of closet space. Situated on Museum Mile, La Résidence at 1080 Madison Avenue is a boutique condominium with an exceptional full time staff and a live-in Superintendent, a common garden and a laundry room. The spectacular, sleek yet warm lobby is adorned with a violin sculpture by famous artist Armand. There are only 2 apartments per floor. Pets are allowed. This home enjoys close proximity to the city's many top attractions and cultural institutions, including the Metropolitan Museum of Art, The Met Breuer, the Guggenheim, Neue Galerie, and Cooper Hewitt; along with an impressive concentration of galleries, designer boutiques and elegant shops as well as five-star restaurants. It is also only one block from Central Park and within easy access to all public transportation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,895,000
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 | $1,516,000 | $1,516,000 | $1,516,000 |
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 | $1,571 | $1,571 | $1,571 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,489 | $9,334 | $12,589 |
Total Monthly Payment | $10,185 | $11,030 | $14,285 |
* 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.