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A Masterfully Designed Luxury Loft in Turtle Bay
"Thoughtfully designed" is an understatement when describing this sophisticated renovation. This luxury Turtle Bay loft seamlessly balances form and function, meticulously crafted by esteemed architect and designer Robert Garneau. With soaring 15-foot ceilings, the space exudes a sense of grandeur while redefining modern living through innovative design. Hidden storage solutions are seamlessly integrated behind custom-designed cabinetry, allowing for a clutter-free lifestyle. Safe to say this studio loft has more storage capacity than most 2 bedroom apartments on Park Avenue.
From the moment guests step through the foyer into the expansive living area, they'll be captivated by the " wow factor" this home delivers. A chef's kitchen of rare caliber, complete with Bosch, GE, and Perlick appliances, along with natural stone countertops, makes this loft a standout among studio spaces.
The spa-inspired bathroom is equally impressive, maximizing ceiling height with ambient lighting that fosters serenity. Climate control is effortless with a brand-new PTAC unit installed in mid-2024, offering remote temperature adjustments for optimal comfort.
Unwind after a long day in front of the sleek DecoFlame ethanol fireplace, complemented by a hidden Perlick wine & beverage fridge. For movie nights, choose between two elegant options: an automated TV lift revealing a Samsung flatscreen from behind the fireplace or a hidden projector compartment that transforms the expansive living area into a home theater. To set the perfect ambiance, enjoy three levels of window treatments, from sheer aesthetics to full blackout privacy.
A custom ladder leads to a cozy sleeping loft, offering additional hidden storage, and a queen-sized Murphy bed folds seamlessly into the living area.
The Building - 235 E 49th Street. Originally built in 1926 as a seminary, the building is nestled between vest-pocket parks and charming brownstones on a picturesque block in the Turtle Bay Gardens Historic District. Location is superb - 0. 3 miles from Sotheby's Institute of Art and 2 blocks from the UN Headquarters. This well-managed cooperative boasts impressive amenities, including a stunning roof deck, friendly staff, and solid financials. Residents enjoy the convenience of a doorman, live-in superintendent, and a common laundry room on the second floor. The building permits pieds- -terre, co-purchasing, and gifting on a case-by-case basis.
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,870 | $3,022 | $3,820 |
Total Monthly Payment | $2,962 | $3,114 | $3,912 |
* 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.