Welcome to 340 W. 55th Street, Apt 7B - a beautiful corner two-bed , two-bath apartment with three exposures on one of the best tree-lined residential blocks in Midtown. Perched on the 7th floor of The Sherwood, this unit offers stunning skyline views from both bedrooms and plenty of space to create a sanctuary of a home in the heart of Manhattan. Enter into a spacious foyer where one of the two full baths is located.
The generous living room features built-in storage, space for dining and flows directly into a beautiful updated kitchen complete with elegant custom teak cabinetry, natural soapstone countertops, and a full-sized dishwasher . Off of the living room are two corner bedrooms equipped with large wall length closets with built-in storage.
This fantastic home is perfectly located just a few blocks from Columbus Circle and Central Park. The Sherwood is a few blocks to Central Park, Columbus Circle and the Theatre District. With access to multiple subway lines, living at The Sherwood makes commuting and enjoying all of NYC convenient. Basement storage is included. The Sherwood offers a doorman (8AM - midnight), a live - in super, laundry room, fitness center , bike storage and a fantastic roof deck. This pet friendly building allows guarantors and pieds -a- terres with Board approval. 2% f lip tax paid to be paid by purchaser .
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $5,349 | $5,865 | $7,826 |
* 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.