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A one-of-a-kind opportunity to own a sprawling, fully renovated/move-in ready, approximately 2721 square foot 3 Bedroom plus Den, 4 Bath residence situated on the corner of the 10th floor of this impeccably maintained condo at Turtle Bay House! Step into this spacious and stylish home that boasts North, South, and West exposures, overlooking the landmarked Turtle Bay gardens, ensuring an abundance of natural light in all rooms throughout the day. Among the many outstanding features of this property are a newly renovated eat-in Kitchen and dual Primary Bathrooms, Laundry Room with in-unit washer/dryer, solid oak wood flooring, tremendous closet space, and your own private DEEDED PARKING space! Recently renovated in 2022, the Kitchen stands out as a showstopper with its marble backsplash, quartz countertops, porcelain floors, and custom Fabuwood cabinets. It’s also adorned with high-end appliances, including Jenn-Air wall oven, microwave, dishwasher, refrigerator, wine fridge, and a 6- burner cooktop. Adjacent to the Kitchen is a lovely Dining area, anchored with an iron/glass chandelier, that comfortably seats 6 to 8, surrounded by two walls of windows, providing light and views. Off the Kitchen and Dining areas is an entertainer’s dream, a massive Living Room/Foyer, complete with a custom-built entertainment/storage unit, built-in desk and beautiful cabinetry that adds charm and functionality. In addition, every room has custom radiator/AC covers which also offer additional storage. The Primary Bedroom is a true sanctuary with sweeping garden views, offering ample space for a King size bed plus seating area, dual full Bathrooms with deep soaking tub and glass enclosed shower, and a truly magnificent Dressing Room fully built out with custom millwork. The second Bedroom is also oversized and boasts its own renovated Bathroom across the hall and lovely tree top views to the west. Down the hall on the opposite side of this apartment is the third Bedroom with Bathroom and a large, connected Den/TV room, ideal for intimate gatherings or as a Home Office. Rounding out this perfect 3 Bedroom home is a walk-in laundry room with Miele washer/dryer and storage. All new Hunter Douglas blinds and stunning chandelier and light fixtures are found in every room of this unique home. As an added bonus, this residence includes a deeded parking space in the private 14-car garage connected to the building! 249 East 48th Street is a full-service condominium with 24 hour doorman, live-in super, porters, handymen and onsite laundry room. The elevators and lobby recently underwent an upgrade and stylish renovation in 2023, featuring a new dedicated package room. Conveniently located on the corner of 2nd Avenue and 48th Street on a block with historic townhouses, this home is just moments away from the East River, Grand Central, Equinox, 4, 5, 6, S, 7, E and M train lines as well as Metro North and LIRR, a weekly green market, and dozens of restaurants and grocery stores. Pied-a-Terres, guarantors, co-purchasing, gifting, subletting and pets are allowed with board approval. This is also a no flip tax building.
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Our Executive Mortgage Banker:
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$2,899,000
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 | $2,319,200 | $2,319,200 | $2,319,200 |
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 | $3,087 | $3,087 | $3,087 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,351 | $15,042 | $19,728 |
Total Monthly Payment | $16,563 | $18,254 | $22,940 |
* 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.