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This two bedroom residence features a corner living/dining room, surrounded by floor-to-ceiling windows showcasing stunning Midtown skyline views to the North, East and South. The kitchen features marble countertops and backsplash, Nanz hardware, Sub-Zero and Miele appliances, custom-designed cabinetry by Molteni including a high gloss white lacquer upper cabinetry and framed solid white oak lower cabinetry. Bathrooms feature a handsome selection of marbles, custom wood vanities, recessed medicine cabinets, inset shower and tub niches, and Waterworks fixtures. Residences include 4-pipe fan coil HVAC systems and Kraus home automation systems. The residences at Madison Square Park Tower are perfectly positioned in one of the most iconic and culturally sophisticated neighborhoods in Manhattan- the Flatiron District at Madison Square Park. Transforming the downtown skyline, the soaring tower is a sculptural glass silhouette standing at sixty-five stories rising seven hundred and seventy seven feet in the sky. The striking exterior, crafted by the world-renowned architectural firm Kohn Pedersen Fox Associates, wraps around modern, elegant interiors designed by the celebrated Martin Brudnizki Design Studio. The tower features a 75-foot-wide granite base that fits harmoniously within the tree-lined block and marks a sense of arrival before ascending to eighty-three residences. Floor-to-ceiling windows offer a dramatic cityscape that includes the Empire State Building, Chrysler Building, the clock tower at 1 Madison Avenue, World Trade Center, the Hudson and East Rivers, and Madison Square and Gramercy Parks. The collection of amenities throughout five floors consists of a fitness center with boxing and private training suite, golf simulator, basketball court, childrens playroom, library, billiards, cards room, terrace with outdoor grill, and two gracious entertaining spaces including a fifty-fourth floor lounge.
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Our Executive Mortgage Banker:
Our Insurance Division:
$19,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $15,200 | $15,200 | $15,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $96 | $100 | $127 |
Total Monthly Payment | $171 | $175 | $202 |
* 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.