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Welcome to Residence 4DE at the Devon Condominium, a highly-coveted residential tower located in the heart of Murray Hill. This beautiful North and South facing generously sized 2, 080 sqft 4-bedroom, 3-bathroom home is truly one-of-a-kind. Formerly two adjoining apartments now combined, creating one of the very few exceptional and rare combinations available in the building.
This expansive layout offers a full-sized separate dining room and a magnificent living room designed perfectly for entertaining, with a beautiful granite countertop island, wet bar and built-in wine cooler. The beautifully renovated open kitchen features all new stainless-steel appliances, quartz countertops, breakfast bar seating, sleek and modern cabinetry, under-cabinet lighting throughout, an LG double door refrigerator with an exterior water & ice dispenser, a Frigidaire gas range with a built-in air fryer feature, a KitchenAid dishwasher and a Frigidaire gallery microwave. The spacious primary bedroom is outfitted with excellent closet storage, easily accommodates a king-size bed, and includes an updated ensuite bathroom with a double vanity and glass door shower. There is an additional linen closet right outside the bedroom.
A feeling of luxury abounds with tasteful upgrades and renovations throughout this residence, including a full-sized washer and dryer in-unit, an abundance of closet space throughout, and double-pane oversized windows flooding the apartment with endless natural light. Recently renovated, the apartment features beautiful hardwood flooring, freshly painted walls, moldings throughout the entire home, all new hardware, recessed lighting with dimmers on every light switch, modern light fixtures, and solid wood pocket doors. There are AC-units through the wall in every room, as well as steamed and electric heating.
The apartment is available for sale or as a rental. Furnished (with brand new furniture, never used) for $11, 000/Monthly, as well as unfurnished for $10, 000/Monthly. Heat and Water are included. Both Verizon and Spectrum are internet providers for the building. There is no current assessment. Seller financing available, based on good credit history. Minimum Downpayment 20%. Maximum Financing 80%.
The Devon Condominium is a full-service elevator building with a 24-hour doorman, live-in super, furnished roof deck with sweeping city and East River views, laundry facilities on every floor, bike storage available, and an attached building parking garage that is privately run and membership required (current owner has a parking spot available for $500/Monthly). The lobby will soon be completely renovated with a beautiful new design (see rendering). The building is pet and investor friendly.
Conveniently located in vibrant Murray Hill, the building is ideally situated within steps of the East River Ferry, the 6 train line, the East River Park, amazing dining and nightlife and both Trader Joe''s & Fairway Supermarkets. Fast access to the Midtown Tunnel offers short journey times to JFK and LaGuardia airports. Tenant in place with lease expiring 12/25 paying $10k/month.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,590,000
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 | $2,072,000 | $2,072,000 | $2,072,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,928 | $13,267 | $17,766 |
Total Monthly Payment | $12,053 | $13,392 | $17,891 |
* 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.