Featured on the hit national television show HGTV’s House Hunters, this sophisticated, beautifully renovated one bedroom GEM is masterfully crafted throughout. It is the one-of-a-kind home you have been searching for. With custom oak hardwood flooring throughout, lofty vaulted ceilings and track lighting, this unique home is perfect for entertaining with a large living room and dining area complete with custom built floor-to-ceiling shelving plus a very large storage closet. The custom, fully equipped open chef’s kitchen offers top of the line fixtures and finishes including full size stainless steel Viking appliances (including a dishwasher), stainless steel counter top, stainless steel back splash, and custom frosted glass cabinetry. There is also a large custom built pantry for additional kitchen storage. Luxuriously finished with slate tile, the spacious bath features a custom shower, pedestal sink and ample storage space. The queen size bedroom is accessed through grand double sliding doors and includes a large California closet.
Madison Parq is a full-service prewar cooperative featuring an elegant marble lobby which was recently renovated along with the building’s elevators. Amenities include a 24 hour doorman, live-in superintendent, bike room and laundry facilities on every floor. Basement storage is available for rent. A new communal roof deck space is currently being built out for the enjoyment of all residents. Located in the heart of NoMad just north of Madison Square Park, residents of Madison Parq enjoy world class shopping, dining and entertainment including Eataly, the largest Italian marketplace in the world. Whole Foods is directly across the street at 63 Madison Ave. Convenient to all transportation including the 6, N, R, F, M trans, NJ Path and crosstown buses. This pet friendly building allows pied-a-terre occupancy, co-purchasing, parental purchases, gifts and international investors. Unlimited subletting allowed after 2 years of ownership.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,029 | $3,148 | $4,011 |
Total Monthly Payment | $3,121 | $3,240 | $4,103 |
* 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.