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Welcome to this spacious convertible 3-bedroom duplex on a great Upper East Side block! There are many special pre-war details throughout the apartment, including exposed brick, a working fireplace, nearly 10-foot ceilings, built-ins, and hardwood floors, just to name a few. Currently, the home is set up as a 2-bed, 2 full bath with a convertible third room that could be used as another bedroom or a second living room/den, and even a dining room if needed. With about 1, 200 square feet of space, there are a lot of flexible living options. As you enter the parlor level, you’ll come into a gracious entry foyer, and expansive living room that receives beautiful light throughout the day. The wood burning fireplace and mantle are the focal points of the room. The primary bedroom on this floor faces south and stays sunny and bright. It could fit a king size bed, and also has both a sizable closet and built-ins for storage. The downstairs second bedroom is also oversized and could fit a king, with a closet and in unit laundry. Both the washer and dryer are full sized, brand new, and the dryer vents out. As bonus, they fit next to each rather than being stackable. In the kitchen you’ll find updated finishes, with stainless steel appliances, a full-sized dishwasher, fridge, and gas stove. There are plenty of both upper and lower cabinets, as well as counter space. The convertible third space offers a lot of flexibility. It also features a closet and large windows that bring in natural light throughout the day. Both bathrooms are in great condition with brand new Toto toilets and excellent storage. This is a well-run, self-managed building, with no underlying mortgage, and very attractive maintenance for the neighborhood. The exterior has been maintained and preserved for maximum curb appeal on the street. E 78th is arguably one of the best blocks in the neighborhood, offering both charm and convenient neighborhood amenities. There are multiple coffee shops, great restaurants, bars, and shops (including Orwashers, a 100-year-old artisan bakery, that sells some of the best fresh sourdough daily) all within minutes (if not seconds!) from your doorstep. Agata and Valentina, a popular specialty grocery store, is around the corner at E 79th and 1st Ave. Whole Foods is nearby, as well as Morton Williams, Butterfield Market, and Eli’s Market. There are several train lines for easy access to the rest of the city. The Q at both E 72nd and 2nd Ave, and E 86th and 2nd Ave. The 6 train at E 77th and Lexington Ave, and the 4, 5, 6 at E 86th and Lexington Ave. Schedule a showing today!
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$1,100,000
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 | $880,000 | $880,000 | $880,000 |
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 | $5,135 | $5,635 | $7,545 |
Total Monthly Payment | $5,260 | $5,760 | $7,670 |
* 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.