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Stunningly Renovated 2-Bedroom with Pre-War Charm in Full-Service Art Deco Co-op Welcome to 230 East 50th Street, a beautifully and exquisitely renovated, move-in ready 2-bedroom, 1. 5-bath residence nestled on one of Turtle Bay’s most picturesque tree-lined blocks. Located in Colton Hall, a boutique full-service Art Deco co-op, this elegant home combines timeless pre-war charm with modern upgrades for effortless city living. Step through the building’s serene, landscaped lobby and head up via one of two elevator banks to your semi-private landing. Inside this museum-like home, a gracious entry foyer sets the tone for the thoughtfully and elegantly designed interior. This turn-key home features refinished original hardwood floors, custom millwork, arched doorways, and seven custom closets—showcasing a meticulous renovation that respects the building’s rich history. The expansive living room is flooded with natural light from oversized, restored casement windows and anchored by a meticulously detailed, hand-painted, wood-burning fireplace, surrounded with bookshelves, perfect for cozy evenings by the fire with a good book. The chef’s kitchen is a culinary dream with custom cabinetry, granite countertops, and top-of-the-line appliances including a Wolf cooktop, Sub-Zero refrigerator, and Bosch dishwasher. The Jack and Jill full bath has been beautifully updated in a stylish Deco aesthetic. A sleek half bath, for guests, just off the kitchen area makes hosting and entertaining a breeze. Both king-sized bedrooms offer abundant light and tranquil south-facing views over the building’s beautifully manicured, private garden, providing a peaceful retreat from the city’s hustle and bustle. Detailed beamed ceilings and bright north and south exposures add to the appeal of this home oasis. Building amenities include: 24-hour doorman, live-in superintendent, landscaped rooftop deck, private garden for residents, laundry room, large storage cage (included), and pet-friendly. Impeccably maintained, Colton Hall is ideally situated near the 6, E, and M trains, crosstown buses, and just minutes from Grand Central, Central Park, Sutton Place, and the United Nations. With top-tier shopping, dining, and cultural destinations at your doorstep, this is Manhattan living at its finest. Flip tax: 2. 5% payable by the seller. Don’t miss this rare opportunity to own a refined, character-rich residence in one of Manhattan’s most sought-after neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
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 | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,791 | $6,531 | $8,607 |
Total Monthly Payment | $5,916 | $6,656 | $8,732 |
* 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.