High Floor, One-Bedroom in Historic Rosario Candela Superbly located on East 77th Street between Fifth and Madison Avenues, this one bedroom, one bath cooperative apartment is ideal for full-time residents as well as those seeking a pied-a-terre. The beautifully proportioned living room has western exposures and retains many traditional details, including high ceilings, solid wood doors, custom bookshelves, and a charming fireplace. The generously scaled corner bedroom provides northern open city views, including a glimpse of the iconic Metropolitan Museum of Art. The bedroom also benefits from ample closet space and ensuite access to the apartment’s renovated, marble bathroom. Both the living room and bedroom have through wall air conditioning. The renovated, windowed kitchen is equipped with premium appliances, including a Gaggenau stovetop and oven, a Sub-Zero refrigerator, and a washer and dryer. Designed by the renowned architects Rosario Candela and Warren & Wetmore in 1928, 3 East 77th Street is one of the most sought-after cooperatives. Shareholders enjoy a full-time doorman, live-in resident manager, rooftop gym and terrace, private restaurant and in-house chef, as well as assigned storage. The building is pied-a-terre and pet friendly. The cooperative does not permit financing and there is 2. 0% flip tax paid by the purchaser. The restaurant fee is $1, 750. 00 per quarter.
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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 | $960,000 | $960,000 | $960,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,376 | $5,911 | $7,972 |
Total Monthly Payment | $5,501 | $6,036 | $8,097 |
* 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.