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Rare Tax abatement until 2039!!!! Mint condition. Welcome to Residence 16B at 1 West End Avenue, an exceptional luxury condo in the heart of Upper Westside Lincoln Square neighborhood. Nestled on the vibrant cityscape, this meticulously renovated residence offers 895 square feet of sophisticated living space, featuring 1 bedroom and 1. 5 bathrooms designed to the highest standards. Step inside to discover high ceilings and an abundance of natural light streaming through dual pane, floor-to-ceiling, and oversized windows, all adorned with elegant window treatments. The spacious living area boasts hardwood, complemented by recessed lighting, creating an inviting ambiance for relaxation or entertaining. The bespoke kitchen by Scavolini, conceptualized by Jeffery Beers is a culinary dream, features Dornbracht fixtures, walnut cabinets with champagne matte glass panels, and Vagli Fine Vein marble countertops and backsplash. Appliances include a Wolf cooktop range and oven, a Sub-Zero refrigerator, a Gaggenau wine refrigerator, and a Miele dishwasher ensuring every meal preparation is a delight. Retreat to the luxurious primary bedroom with an ensuite marble bathroom with a soaking tub and separate shower, providing a serene spa escape. This bathroom features a heated Bianco Dolomiti marble floors, brushed limestone walls and a marble slab countertop adorn the tranquil four-fixture primary bathroom. Recessed medicine cabinets w/ LED lighting, a Zuma soaking tub, a glass-enclosed shower, and Dornbracht fixtures add to the resort-inspired experience. The gorgeous powder room features a Calacatta Fabricotti custom stone vanity with a carved stone sink, bronze accents, and an Eramosa marble floor and accent wall in a herringbone pattern inlay. This residence offers ample storage with a large California custom walk-in closet. Additional features include an in-unit LG washer/dryer and year-round zoned temperature control via a 4-pipe fan coil HVAC system. Residents of this prestigious building enjoy an expansive indoor and outdoor resort-inspired amenities including a 75-foot swimming pool, fitness center and spa, a 12, 000sqft terrace featuring cabanas, lush green spaces and areas for grilling and outdoor entertaining. Additional amenity spaces includes a living room with fireplace, media, billiards and game rooms, a children’s playroom overlooking the garden terrace and a private dining room with chef’s demonstration kitchen. On-site parking. Full time doorman & concierge. Conveniences nearby: Next door is Morton William Supermarket and within a block are Starbucks & Cipriani Food Hall. Walk to Central Park and 59th/Columbus Circle train station for the A, B, C, D, and 1 trains. Don't miss this opportunity to experience luxury at its finest. Ideal home, investment and 1031 exchange.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,725,000
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 | $1,380,000 | $1,380,000 | $1,380,000 |
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% | 6.751% | 6.309% |
Monthly Tax Payment | $58 | $58 | $58 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,944 | $8,836 | $11,739 |
Total Monthly Payment | $8,127 | $9,019 | $11,922 |
* 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.