Elegant, two-bedroom apartment in pristine white-glove, prewar building. Gracious layout with arched doorways, high, beamed ceilings, crown and base moldings, casement windows, hardwood floors, wood-burning fireplace, and other original details, all beautifully mixed with contemporary style for a wonderful four-room home. An inviting foyer leads to a stunning, sunny, living room through a large archway. The living room features a rare wood-burning fireplace, custom bookshelves, and a cozy built-in window seat under a large wall of casement windows offering serene views. The generously sized bedroom is accessed through an arched door and has north and south exposure windows both of which are oversized. This bedroom also features a dressing area and a large custom cedar-lined closet. The second bedroom is currently utilized as a den. A wall of custom closets in this room offers flexibility of usage including that of another bedroom, dining room, or office. The two bedrooms share a gut-renovated bathroom featuring a Kohler cast iron tub, Waterworks bath, shower, sink fixtures and tiles as well as a heated towel rack. The modern, eat-in, windowed kitchen has all top-of-the-line appliances including a Viking range, Sub-Zero fridge and wine fridge, as well as a Miele dishwasher. New Silestone countertops, custom kitchen cabinets (to the ceiling), and drawers make for plenty of storage including additional drawers and shelving, below and above the banquet seating in the eating area. The deep stainless sink has a Waterworks faucet and built-in water filter offering hot and cold temperature options. 125 East 74th Street is a sophisticated and well-established prewar co-op built in 1929 in a neo-Italian Renaissance style by architect Lafayette A. Goldstone, also known for his work at 640 Park and 730 Park Avenue. It became a cooperative in 1953. Located on a beautiful tree-lined block this 30-unit, pet-friendly coop has a Resident Manager and full-time doorman, a garden, fitness room, central laundry, bike room, and large storage unit that trades with the unit. There is a 2% flip tax paid by the buyer. Pieds-a-terre and 50% financing are allowed.
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Our Executive Mortgage Banker:
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$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.599% | 6.472% | 6.032% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,337 | $6,962 | $9,342 |
Total Monthly Payment | $6,462 | $7,087 | $9,467 |
* 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.