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A rare opportunity to own a fully gut-renovated 1-bedroom condo at 150 West 51st Street in the heart of Midtown Manhattan! Ideal for turnkey investment, owner-occupancy, or a mix of both, this apartment is located in a building that permits short-term furnished rentals (30+ day leases)—a highly sought-after feature in NYC.
Step into a luxurious, move-in-ready home featuring a brand-new kitchen with custom cabinetry, quartz countertops, and brand-new stainless steel appliances. The spacious living area is complemented by 6-inch plank wood floors, adding warmth and sophistication. The spa-inspired bathroom is a true showstopper, featuring exquisite white Thassos marble mosaic tiles, beautifully accented with Blue Celeste and Azul Macauba marble. The carefully curated design creates a serene and elegant retreat, blending timeless luxury with modern style. Current capital assessment of $396/mo.
Building Amenities:
• New lobby
• 24-Hour Doorman/Concierge
• Fitness Room
• New Laundry Room
• Maid & Valet Service
• Rooftop Terrace with Stunning City Views
• Private Storage Available
Building Policies:
• Flexible lease terms – short-term rentals allowed (30+ days)
• Pied-à-terre & sublets permitted
• Parental purchasing allowed
• Investor-friendly
Prime Midtown Location – Steps from the Best of NYC!
• A short walk to Central Park & Rockefeller Center
• Close to Broadway’s Theater District & Times Square
• Surrounded by world-class shopping at 5th Avenue & Columbus Circle
• Near top entertainment venues, including Lincoln Center
• Convenient access to major subway lines (1, A, C, E, N, R, W, B, D, F & M)
Don’t miss out on this one-of-a-kind Midtown gem—perfect for investors, end-users, or anyone seeking a luxurious city retreat. Schedule your private showing today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $751 | $751 | $751 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,666 | $3,810 | $4,855 |
Total Monthly Payment | $4,509 | $4,653 | $5,698 |
* 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.