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Elegant Prewar Classic Seven with Gracious Layout, Tree-Lined Views & Bonus Room
From a semi-private elevator vestibule, enter this well maintained and spacious classic seven-room home, perfectly blending timeless prewar elegance with comfortable living. The residence features generously proportioned rooms, original hardwood floors, and beamed ceilings throughout.
The expansive living room, centered around a wood-burning fireplace, offers ample space for two distinct seating areas and a baby grand piano-ideal for both quiet evenings and lively gatherings. A large formal dining room easily accommodates intimate dinners or larger celebrations, with an effortless flow between the public spaces that's perfect for entertaining.
North-facing rooms provide serene tree-lined views over East 72nd Street, creating a calming atmosphere year-round. The windowed kitchen, complete with a butler's pantry, offers abundant storage, generous countertop space, and a comfortable dinette area.
The private wing of the apartment includes three spacious bedrooms-two with en-suite baths-and a third currently used as a den, with access to a full hall bathroom. Exceptional closet space is found throughout, and a flexible staff room, currently serving as a home office with laundry, adds further versatility to the layout.
Included in the sale is a windowed approximately 108 square foot bonus room located off the back hallway. With a monthly maintenance of $598, this room is ideal for use as a home office, guest room, staff quarters, or additional storage. A large basement-level storage cage also conveys with the unit.
340 East 72nd Street is a well-run, full-service cooperative with a 24/7 doorperson, live-in Resident Manager, and an attentive, professional staff. Building amenities include a fitness room, landscaped rear garden, bike storage, and pet-friendly policies. Financing up to 50% is permitted, and there is a 2% flip tax payable by the purchaser.
This elegant, flexible home offers exceptional value, space, and convenience in one of the Upper East Side's most desirable locations.
NOTE: Total monthly maintenance for apartment 2N $6, 283
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William Raveis Real Estate
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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 | $1,736,000 | $1,736,000 | $1,736,000 |
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 | $9,857 | $11,116 | $14,767 |
Total Monthly Payment | $9,982 | $11,241 | $14,892 |
* 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.