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Great opportunity to own a 1, 957-square-foot triplex loft with 18-foot-high ceilings in a landmark building in the heart of Kips Bay. This unique home features a wood-burning fireplace, a wall of stacked windows, and a spacious layout that includes 2 bedrooms plus a recreation room and 2. 5 bathrooms, all on a quiet, tree-lined street. On the main level, you'll find a spacious living and dining area with a wood-burning fireplace, newly installed oak flooring throughout, and a wall of windows. Adjacent to the dining area is an open kitchen equipped with a double-door refrigerator, dishwasher, gas stove, custom cabinets, and a breakfast bar. This level also includes a king-sized bedroom and a full bathroom. The top floor features a study overlooking the living room and an expansive primary bedroom with an en-suite bathroom. The lower level is a versatile 20' x 20' recreation room with a walk-in closet, a washer-dryer unit, and a powder room. This flexible space could serve as an additional bedroom, home office, gym, or media room. An additional entrance/exit on this level provides convenient access to the building’s storage units. Originally built as a school, the building was converted into a condominium in 1981 and now consists of 30 residential units. Residents enjoy the convenience of a 24-hour doorman, a planted roof deck, and extra storage in the basement. The location offers easy access to Trader Joe’s, fine restaurants, bars, a movie theater, and multiple transportation options, making it a prime spot in Kips Bay.
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:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
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 | $2,401 | $2,401 | $2,401 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,289 | $9,340 | $12,249 |
Total Monthly Payment | $10,815 | $11,866 | $14,775 |
* 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.