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Price Improvement! Welcome to 370 East 76th Street, B1705, a meticulously renovated, high floor, corner 1-bed, 1-bath co-op apartment with a spacious outdoor balcony showcasing spectacular city and skyline views!
Upon entering the welcoming foyer, you are greeted by the warmth of Cumaru Brazilian Teak hardwood floors which extend throughout the unit. The foyer leads to the brightly lit, open-concept living area which features a thoughtfully designed kitchen overlooking a spacious living room, and to glass sliding doors accessing the generously-sized 12" x 6. 2" outdoor balcony with its stunning western views and breathtaking sunsets.
The kitchen is a chef's dream, equipped with top-of-the-line Thermador appliances including a gas range, dishwasher, refrigerator, freezer, and built-in microwave oven, in addition to a striking combination of reverse zebra wood and Wenge solid wood cabinetry, and black galaxy granite countertops. The kitchen's dining island is the apartment's centerpiece and allows comfortable seating for eight, ideal for entertaining guests. The adjacent 20" x 13" corner living room features a built-in TV and speakers, and a desk area for work-from-home. Off a separate hallway to the bedroom area is the spa-like bathroom, a sanctuary of relaxation featuring alabaster countertops, tiles, and floors. It is adorned with Kohler fixtures offering luxurious double shower heads, shower hand and body sprays, all enclosed by custom glass shower doors. The 16. 5" x 12" bedroom with its 9-foot ceilings easily accommodates a king-sized bed, night tables and other furnishings, and includes a spacious, custom-designed walk-in closet.
Technological amenities in the apartment include soundproofed ceiling and under-floor insulation by Stauff, ensuring a serene and quiet environment. Additional conveniences include motorized window shades by Somfy/Hunter Douglas, a central vacuum system, custom recessed lighting, and LED strip lighting behind moldings to enhance the ambiance of the space. A Crestron AV system is also in place, awaiting setup.
370 East 76th street, aka The Newport East, was built in the 1960's and converted to a luxury cooperative in 1986. Located in the heart of the Upper East Side, with entrances on both 75th & 76th streets, it is known for its low maintenance fees which include utilities and central air. Residents also benefit from 24-hour doorman and concierge services, a live-in resident manager, 2 laundry rooms, a rooftop deck with a heated swimming pool and kiddie pool, an on-site parking garage, basement storage cages when available, and bike storage. The building is pet-friendly (up to 30 lbs. ), is smoke free, offers FIOS, and has a beautifully restored grand lobby and renovated hallways. Nearby conveniences include Q & 6 subway transportation, supermarkets such as Eli's and Citarella, John Jay Park, Equinox Fitness Club, New York Sports Club, and an array of wonderful restaurants and shops.
Gifting or Guarantors are considered on a case-by-case basis, while pied-a-Terre ownership and washer/dryers are not permitted. 75% financing is allowed and there's a 2% flip tax. There's currently a capital assessment of $195/mo. through December 2026.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.750% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.865% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,375 | $4,929 | $6,465 |
Total Monthly Payment | $4,467 | $5,021 | $6,557 |
* 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.