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At 1, 464 square feet, apartment 12C is one of the largest 2-bedroom and 2-full bathroom condos available on the Upper East Side.
Every room in this home is oversized, offering plenty of room for everyday living and gracious entertaining. Uniquely special is the 18ft. x 20ft. sunken living room which features a wood-burning fireplace, ceiling height that is over 10ft. a wall of south facing windows and a skylight. Separate from the living room is a true dining area with room to celebrate any occasion, big or small. The large kitchen is big enough to accommodate all full-size appliances, including a gas range, dishwasher, plenty of counter and cabinet space for any home cook, with space to add a small table.
The two spacious bedrooms are located away from these entertaining rooms. The 23ft. long primary bedroom has south facing windows, a large walk-in closet and en-suite bathroom. A second full bath is located in the hallway just across from the second bedroom. Great closet space and wood flooring can be found throughout. Separate HVAC units are located in each room, and an in-unit washer and dryer would be allowed with board approval. This home has been with the same owner for over 35 years, and it is ready for the next owner to modernize to their liking.
The Wakefield is an elegant full-service condominium with 24-hour doorman, live-in super, resident laundry room, additional storage for rent and attached parking garage. Nearby there are many fantastic restaurants and supermarkets such as Citarella, Fairway, Whole Foods and Eli's to choose from. Transportation includes the 6 at E. 77th Street, the 4/5/6 at E. 86th, the 2nd Avenue Q entrance at E. 83rd Street, plus crosstown and avenue bus lines. And let's not forget nearby is beautiful Carl Schultz Park - all of this making 525 East 80th Street an ideal location to call home.
Taxes represented are for a non-primary resident. A primary resident may qualify for the NYC Co-op and Condo Tax Abatement of 17. 5%. Consult your tax advisor.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,359 | $7,171 | $9,527 |
Total Monthly Payment | $6,484 | $7,296 | $9,652 |
* 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.