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Located in one of Carnegie Hill's most iconic Art Deco buildings, this stunning, large, 5-room apartment is flooded with sunlight and has open views of Central Park from every room. One enters the apartment through a foyer leading into a striking open-plan living room/dining room with 11-foot ceilings, an unusual corner wood burning fireplace and access to a fully renovated kitchen and a 26-foot long terrace facing Madison Avenue. Also accessed through the foyer are the two large, high-ceilinged, bedrooms. The primary bedroom faces north and west, has a small dressing room, en suite bath, and a narrow terrace with direct park views. The second bedroom, now used as a study, is larger in size than the primary one. It has built-in bookshelves, a large window with northern views, three closets and an adjacent bathroom that also serves as the powder room for the apartment. This unusually attractive and charming property, with generously scaled rooms, high ceilings, and large windows with panoramic views, shows beautifully throughout the day and night. Truly a memorable apartment! 19 East 88th Street was built in 1936 by the architect William M. Downing. Located in the heart of Carnegie Hill, near the Guggenheim Museum, Central Park, and the reservoir, it has one of the most beautiful Art Deco lobbies in the city. The building is fully staffed, has a resident manager and a landscaped roof deck for the use of the tenants. Laundry and storage in the basement. Building has a newly renovated gym. Pets permitted. Monthly maintenance is $5, 122 and 50% financing is permitted. There is a flip tax of 2% payable by the buyer, as well as a monthly assessment of $841. 30 until October, 2027.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,737 | $16,392 | $21,776 |
Total Monthly Payment | $14,862 | $16,517 | $21,901 |
* 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.