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Welcome to this bright and spacious, south facing one-bedroom apartment at 7 Park Avenue. Unit #66 offers the perfect opportunity to craft your dream home in a highly desirable building. The apartment has been freshly repainted and features newly sanded floors, providing a pristine white box canvas for you to make your own. The large, windowed eat-in kitchen with views of the Chrysler building allows for ample light to flood into the living area. While it awaits your personal touch with some minor cosmetic updates, the apartment offers a fantastic chance to create a bespoke living space tailored to your taste. Originally built in 1923 by Emery Roth & Sons, 7 Park Avenue has one of the most exquisite lobbies adorned with timeless marble. Enjoy the convenience of a 24-hour doorman, beautiful roofdeck with panoramic views, a live-in superintendent, a laundry room, and dedicated bike and private storage. The co-op permits up to 75% financing with flexible ownership - pieds-à-terre, sublets after 3 years of ownership, and pets are all permitted with board approval. The 6-line subway, located right across the street is just a short stop to Grand Central, offering effortless commuting and easy trips out of the city. There is a 24-hour market attached to the building and a nearby parking garage close to the entrance, which add to the ultimate convenience. Top-tier restaurants like Scarpetta, Sarabeth’s, Upland and Wolfgang’s Steakhouse are just minutes away, along with close proximity to all the main grocery stores, Whole Foods, Trader Joes & Fairway. With a plethora of parking, markets, and restaurants within close proximity one can experience the pinnacle of urban living in this exceptional residence. Please reach out for your private showing today!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,586 | $2,759 | $3,488 |
Total Monthly Payment | $2,678 | $2,851 | $3,580 |
* 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.