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SPONSOR CONDO NO BOARD APPROVAL LOW MONTHLY CHARGES
Sprawling 3 bedroom 2 full bathroom apt with 12 ft ceilings, recessed LED lighting, wide plank wood floors and W/D in unit. S, N & W exposure with natural sunlight streaming through oversized windows and open layout create an open airy space with the kitchen, dining area and home office flowing towards the large living roomt for entertaining.
Enter through a gracious foyer with a windowed modern open kitchen with blonde oak & European white gloss custom cabinetry, marble countertops & back splash and under-the-cabinet lighting. Brand-new stainless-steel appliances include a Fisher Paykel dishwasher, built-in microwave and W/D.
The prewar architecture accounts for well-proportioned good size bedrooms, each with large closets. The primary bedroom comfortably accommodates a queen size bed with furniture and flows into a gorgeous ensuite bathroom. The second bedroom easily fits a king-size bed with furniture; the third bedroom can also be a home office. Four large closets of which 2 are double size provide ample storage space.
There are two spacious bathrooms, one with a bathtub and the other one has a double spa shower. Both have sleek modern black fixtures and high end fishbone detailed porcelain tiles.
porcelain mosaic tiles.
There are custom radiator covers and new baseboard moldings throughout with internet wiring concealed in the baseboards, and all new mechanicals ( plumbing & electrical).
Situated on a quiet tree-lined street in the coveted cul-de-sac like street in the Audubon Park Historic District, surrounded by Majestic Pristine Pre-War buildings a block away from mass transit and retail stores
801 Riverside Drive is a well-run financially sound elevator and pet-friendly building with a live-in super, low monthly charges and 90 per cent financing allowed. There are substantial reserves, no recent assessments, and no common charge increases in ten years. All recent capital improvements have been paid for from the condo's reserves and there is no current plan to increase common charges or add an assessment.
An excellent investment for a pied-a-terre, primary residence or for investors. You can rent out immediately at closing fetching attractive monthly rental income. This is a sponsor sale and requires no board approval. Transfer taxes are paid by the purchaser
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 | $679,200 | $679,200 | $679,200 |
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% | 6.739% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,856 | $4,349 | $5,731 |
Total Monthly Payment | $3,948 | $4,441 | $5,823 |
* 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.