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*MASSIVE SPACE, MASSIVE POTENTIAL* This custom designed city home with its expansive layout offers unparalleled vistas on all four sides including the East River. Set inside the famed Excelsior on E 57th Street, this showcase residence leads you on a journey of discovery with a transformed modern living space on two legally combined 2BR/2BA units including massive living spaces and two private outdoor terraces. Bring your contractor to take this magical space and configure it to your personal private residence. The apartment’s interior design offers themes to suit any occasion with high ceilings, and mesmerizing wall and ceiling treatments. Natural light pours in through massive windows, further reflected in key areas through cleverly positioned glass accents. You’ll enjoy large and open living, dining, and entertaining areas, along with three bedrooms, four full and two half baths. The main living and dining area features sunny exposures on three sides. A brushed steel chef’s kitchen with an adjacent food prep room is prefect for creating culinary feasts. Dine al fresco on the terrace with the river and glittering nightscape as your backdrop. Each of the three bedrooms is quite large, highlighted by a giant primary suite with its own office area and exquisite bath. The third bedroom has its own eat-in kitchen, making it ideal for an au pair, or as an art studio. Topping it all off is a huge entertainment room with windows on two sides, a projector TV, pulldown screen, and ceiling baffles. It’s the perfect place for hosting large get-togethers or stay-at-home movie nights. Add the East River right outside your window and the NYC skyline for an unforgettable lifestyle experience. Designed by Phillip Birnbaum, the Excelsior has long been one of the city’s premiere residential jewels. Full-service amenities include a landscaped roof deck, a state-of-the-art fitness center, sauna, steam rooms, swimming pool, residents’ lounge, children’s playroom, 24-hour concierge and door attendants, secure parking, valets, and a bike room. The pet-friendly co-op is close to Central Park, the Theatre District, top restaurants, Fifth Avenue shopping, and multiple convenient subway lines.
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:
$2,500,000
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 |
|
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Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
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 | $11,356 | $12,806 | $17,013 |
Total Monthly Payment | $11,481 | $12,931 | $17,138 |
* 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.