|
Great value, good light, bright, cheerful, two bedroom, two bathroom home on Park Avenue in the heart of ultra-desirable Carnegie Hill. Showings are allowed Monday to Friday from 9 am to 5 pm and Saturday from 10 am to 12 pm. Apartment 11A has windows in every room, including the kitchen and two bathrooms, good closet space, including a full wall of closets in the main bedroom and a generous coat closet in the entryway. It has washer/dryer hookup, and is in the back of the building, so you can enjoy quiet and peaceful surroundings. It has no immediate neighbors, three window exposures - north, east and west, and really good light. Imagine easy access to Central Park, living close to multiple Central Park entrances, including the entrance at 90th Street for the Reservoir. The Reservoir is great for running, walking and strolling, and the park offers year-round recreation and peaceful respite from the city streets. Food shopping is a breeze with a Morton Williams grocery store on the same block, both Whole Foods and Butterfield Market two blocks away, Fairway on 86th, and numerous specialty and gourmet stores, local coffee shops, and bakeries (you’ll melt for the hot chocolate at neighborhood favorite Glace). Nearby 86th Street offers tons of big retail shopping, including Target, Modern State, Lululemon, Sephora, H&M, Best Buy, and many more. Importantly, 1060 Park Avenue is an extremely well run building with excellent financials, where apartments keep their value. Located within the Park Avenue Historic District, 1060 Park Avenue is a stately prewar brick cooperative designed in 1924 by the esteemed architect J. E. R. Carpenter. Residents enjoy white-glove doorman service, a live-in Resident Manager and porters, laundry, storage and the privacy of just three units per floor. The purchaser is responsible for the 2. 5% flip tax. Pied-à-terre, s pets and 50 percent financing permitted. 1060 Park Avenue is close to lots of great public and private schools. It is zoned for PS 6 Elementary School. As you head north, you have the charm of Old New York with lots of low buildings. From its commanding position at the corner of Park Avenue and 87th Street, this home embraces both residential serenity and easy accessibility to the coveted Upper East Side lifestyle. Wonderful boutiques, cafés and services line nearby 86th Street and Madison Avenue. Revered Museum Mile institutions, including the Guggenheim and the Met, put world-class art just inches from your door. Transportation is effortless with 4/5/6 and Q trains, excellent bus service and CitiBikes all within reach.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,882 | $6,634 | $8,812 |
Total Monthly Payment | $6,007 | $6,759 | $8,937 |
* 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.