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Discover this charming converted two-bedroom, one-bathroom corner unit in the heart of Midtown East. Step inside to a spacious dining and living area, ideal for entertaining or relaxing after a busy day. To the left of the living room, the master bedroom offers generous space for flexible layouts and ample closet storage. The second bedroom, right behind the living room, a cozy 10-by-12-foot retreat, is perfect for guests or a home office. The kitchen, right beside the dining area, features sleek granite countertops and stainless steel appliances, blending modern style with practicality for your culinary adventures. Hardwood floors flow throughout, infusing warmth and character into every room. Investors will value the flexible sublet policy, permitting short-term leases with a minimum of one month, paired with a streamlined approval process. Its prime location near Grand Central Station and the United Nations HQ ensures effortless commuting, while The Diplomat Condominium provides full-service living with a 24-hour concierge, live-in superintendent, and pet-friendly policies. A central laundry room in the basement adds everyday convenience. Surrounded by amenities like the YMCA gym, parking garages, and Dag Hammarskjold Plaza park, you’ll have everything within reach. Savor local favorites such as Smith & Wollensky, The Smith, or Sushi Yasuda, or enjoy a short stroll to iconic destinations like Central Park, Times Square, and Rockefeller Center. This residence delivers exceptional value in a vibrant, welcoming neighborhood. Don’t miss your chance to call this unique apartment home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 6.797% | 6.026% |
Monthly Tax Payment | $788 | $788 | $788 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,817 | $3,970 | $5,149 |
Total Monthly Payment | $4,697 | $4,850 | $6,029 |
* 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.