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Prepare to Be Wowed!
This meticulously gut-renovated home at the highly sought after Kips Bay Towers Condominium is a true standout, offering a level of design and craftsmanship rarely seen on the market. Unlike any other apartment in the building, this designer level residence blends luxury, functionality, and impeccable attention to detail. . The condo features a state of the art, open kitchen with a 9-foot island that has both under counter cabinetry and built in outlets. The kitchen has custom wrapped around wooden cabinetry, tile backsplash, quartz countertops and features luxury appliances including a built in wine fridge. This kitchen has more storage than even the most discerning chef could need.
The bright, sunny and spacious living room overlooks the condominium's three acre private park, offering serenity, greenery, and quiet! There are treetop views from the window seats with hidden built-in storage. Another great feature of this living space is the added lighting system with beautiful kitchen pendants and high-end track lighting. Both bedrooms are spacious in size with the guest bedroom currently set up with two beds. The primary bedroom, which is large enough for any bed size plus a workspace, has added an extra closet and built in drawers eliminating the need for any bulky furniture. There have also been added soffits to ensure you have proper lighting for when the sun goes down. The bathrooms have both been fully renovated. Additional features include all new hardwood oak plank flooring throughout, electronic shades in every room, and customized closets.
Kips Bay Towers Condominium was designed by World famous architect I. M. Pei. Known for its tight knit community, the building amenities include a 24/7 door staff, and concierge service, a beautiful recently renovated lobby, state of the art fitness center, recreation room with a children's play area and televisions, laundry room with on-site valet and dry cleaning service, bike room, storage and trunk rooms. Best of all the building is host to one of New York City's largest private parks, at three acres this is one of the most coveted amenities in all of NYC. The park includes many seating areas, a full basketball court and a playground all of which are exclusive to building residents. Sorry, no dogs permitted. There is a current capital assessment of $367. 36.
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Our Executive Mortgage Banker:
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$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,703 | $8,452 | $11,318 |
Total Monthly Payment | $7,828 | $8,577 | $11,443 |
* 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.