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MEDICAL SPACE WITH POTENTIAL FOR RESIDENTIAL USE
Located on Fifth Avenue and East 72nd Street is medical space available for the first time in decades. This twelve story, limestone clad, pre-war cooperative is a full service building in one of the most desirable locations on the Upper East Side.
Maisonette 1B is currently utilized as a medical office with four spacious doctors" suites (one with a working fireplace), reception room and
two half baths. This apartment has its own maisonette entrance for ultimate privacy. The possibility exists to convert the space into an exceptional residence with high 11" ceilings and serene Central Park views from 4 oversized West facing windows (see proposed residential floor plan and virtually staged photos).
Building Highlights:
- Built in 1915 by renowned architect J. E. R. Carpenter
- White-glove service with full-time staff including a resident manager, doormen, porters, and handymen
- Renovated fitness room and landscaped roof deck with spectacular Central Park views
- Central laundry and bike room in basement
- Pet-friendly
- 33% financing permitted
- Pied-a-terre allowed
- Central Air permitted
Situated on the well known Museum Mile, with famous institutions such as the Metropolitan Museum of Art , The Frick Collection and the Solomon R. Guggenheim Museum, the neighborhood boasts historic pre-war buildings, famous Madison Avenue boutiques and fine dining establishments.
Please e-mail, call or text for an in person showing. All inquiries will be kept confidential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,375 | $4,866 | $6,465 |
Total Monthly Payment | $4,467 | $4,958 | $6,557 |
* 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.