The Perfect Classic 5: Timeless Elegance Meets Modern Convenience
Nestled on a picturesque, tree-lined street, this Classic 5 home offers the perfect blend of pre-war charm and contemporary style. Bright, spacious, and impeccably maintained, this UWS beauty offers generous proportions and natural light throughout. Currently configured as a spacious 2 bedroom, 1 bath home with a formal dining room, it offers the flexibility to be converted into a 3 bedroom, 2 bathroom layout (see alternate floor plan).
Entering through a gracious foyer with a large double-door closet, you are welcomed into a sunlit living room featuring custom built-ins and oversized west-facing windows. These windows overlook the treetops along Broadway, filling the room with natural light throughout the day. The living room is an inviting space, ideal for hosting gatherings or simply enjoying quiet moments at home. Across the hall, the formal dining room offers a versatile space with built-in desks seamlessly integrated into custom bookshelves. Perfect for entertaining or working from home, this room can also be transformed into a third bedroom to suit your needs.
The windowed eat-in kitchen is a chef's delight, complete with white custom cabinetry, sleek hardware, marble countertops, and a subway tile backsplash. Equipped with stainless steel appliances, including a Bosch dishwasher and an LG washer/dryer combo, the kitchen also features built-in wine storage, blending style and functionality.
The generously sized primary bedroom enjoys abundant natural light and includes two large closets: both with built-in shelving for effortless organization. The second bedroom is just as inviting, with two oversized windows that enhance its charm. The windowed bathroom offers a luxurious touch with a marble sink top and marble tile flooring, creating a serene retreat.
Throughout the home, pre-war details shine, including high-beamed ceilings, restored original moldings, and beautifully maintained hardwood floors. Ample storage adds to the convenience of this thoughtfully designed space.
The DeSoto, built in 1916, is a distinguished Beaux Arts co-op located on a prime Upper West Side block. This pet-friendly, full-service building features a 24-hour doorman, a live-in super, and a stunning marble lobby with stained-glass windows. Residents can enjoy a landscaped roof deck with breathtaking views, an herb garden, and seating areas for relaxation. Additional amenities include a central laundry room, a playroom, a bike room, and resident storage.
Convenience is at your doorstep, with the 1, 2, and 3 trains just two blocks away, as well as proximity to Trader Joe's, Whole Foods, Equinox, and Starbucks . Shareholders at The DeSoto also benefit from a 17% primary residence tax abatement - a savings of about one month of maintenance each year. Flip tax paid by buyer.
Alternate floor plan is subject to Board and DOB approval.
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,697 | $7,364 | $9,932 |
Total Monthly Payment | $6,822 | $7,489 | $10,057 |
* 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.