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GORGEOUS CARNEGIE HILL HOME ON PRESTIGIOUS CENTRAL PARK TREE-LINED BLOCK! Simply stunning brand-new condominium at 12 East 88th Street. Welcome to this designer two bedroom, two-and-a-half-bathroom home, pin drop quiet with an expansive living and dining room. Flanked by gorgeous new oak wood flooring, views of townhouses and leafy green tree-tops! A large entry foyer greets you with 2 large closets, and a large in unit washer and dryer. The oversized Chef’s kitchen with windowed eating area is equipped with a Wolf oven and 6 burner stove, a Subzero refrigerator, dishwasher and extra-large 175 bottle wine refrigerator. Design elegance at every opportunity the kitchen has gorgeous wood cabinetry and sleek Covelano Oro marble countertops and a backsplash. The expansive prime suite features three customized closets, an en-suite, five-fixture bathroom with Dolomiti White marble walls, floors and counters, an oversized soaking tub, a separate shower and double sinks. The second bathroom features generous custom closets and a marble en-suite bathroom. Conveniently located between the living room and kitchen is a beautiful powder room outfitted with Calcutta Oro marble countertops, walls, and floors, a Waterworks tilt mirror and polished chrome fittings. Situated in the heart of Carnegie Hill, Manhattan’s most distinguished Upper East Side neighborhood, adjacent to the Guggenheim Museum and less than a block away from Central Park, 12 East 88th Street is the classic pre-war condominium residence updated with modern conveniences, finishes, and features. Designed nearly a century ago by the famed Gilded Age architect, Rosario Candela, 12 East 88th Street offers a rare pedigree. with updated touches by renowned firm Champalimaud Design. Amenities include a state of the art fitness center and playroom leading onto a landscaped terrace.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,295,000
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 |
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Loan Amount | $2,636,000 | $2,636,000 | $2,636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $1,633 | $1,633 | $1,633 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,967 | $16,879 | $22,422 |
Total Monthly Payment | $16,725 | $18,637 | $24,180 |
* 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.