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Superior Location on a quintessential UES street. Welcome to 3 East 71st Street, Apartment 4E, a gracious two-bedroom, two-bathroom home in a distinguished Emery Roth-designed cooperative. With beautifully proportioned rooms, architectural detail, and a thoughtful layout, this residence presents a truly unusual opportunity. One can create a refined Upper East Side retreat that represents an exceptional value in this unmatched neighborhood.
The entry foyer leads to a spacious, north-facing living and dining room, with a wood-burning fireplace, providing an inviting setting for both everyday living and entertaining. The apartment enjoys original oak chevron pattern hardwood floors, elegant moldings, and solid construction. With generous closets, including two large walk-ins, there is plentiful storage. The windowed kitchen provides abundant cabinetry and a dedicated pantry. Two full bathrooms enhance the comfort and privacy of this home. The corner primary bedroom suite offers dual exposures, a large walk-in closet, and a windowed en-suite bath. The second bedroom or library/office is well-sized with ample closets and easy access to the second bathroom.
3 East 71st Street is a full-service, white-glove cooperative offering unusually low maintenance for this desirable location, 24-hour doormen, and a live-in resident manager. The building also has an up-to-date gym, modern laundry room, private storage lockers, and bike storage. Pieds- -terre, pets, and 50% financing are permitted. Washer/dryers may be allowed with board approval.
Adjacent to Fifth Avenue and Central Park on one of the Upper East Side's most charming tree-lined and historic streets, you would be across the street from the just reopened Frick Collection and near prime Madison Avenue shopping and fine dining, with Museum Row just to the North. This home offers privacy, charm, convenience, and great potential in a quiet and coveted setting. Please contact us for a private showing.
NOTE that a rare opportunity exists to purchase a Service Room downstairs after an approved sale of Apt. 4E. This generous room, approximately 8' x 12' feet, is
located on the first floor, and has a large window, sink, and closet, with two recently renovated full baths adjacent. The extra space provided by this room could serve as an ideal home office, wine cellar, library, or additional storage space for household members. Photographs and floor plan available on request.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
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 | $4,997 | $5,635 | $7,486 |
Total Monthly Payment | $5,122 | $5,760 | $7,611 |
* 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.