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Welcome to the timeless elegance of 157 East 75th Street, nestled on a quiet tree-lined block in the heart of Manhattan's prestigious Upper East Side. The classic and sunny first-floor unit is elevated a half story up from the street level in a beautiful 12-unit Lenox Hill double townhouse cooperative building. Directly across from historic brick carriage houses and steps from shopping and Central Park, you will be hard pressed to find a more ideal location. The unit combines old world touches — like the beautiful wood-burning fireplace and 11. 5 foot ceilings — with a full bespoke kitchen renovation, painting and plastering of all walls and ceilings, all new windows and new oak floors. The elegant south-facing living room has two oversized six over six windows, chandelier, and a hallway powder room and closet. The two quiet bedrooms at the rear feature ample storage including a walk-in closet and ski and long item storage above and overlook a beautifully landscaped rear garden. The main bathroom has a jacuzzi tub and separate shower. 157 East 75th Street enjoys a live-in resident manager who receives packages and distributes mail, a laundry room in the basement accessible by elevator, and a private, locked individual storage room included with apartment. The basement provides access to a secluded garden oasis for residents' use. Sublets allowed with Board approval. Pets welcome. Washer/Dryer in apartment subject to Board approval. Up to 50% financing allowed. 1% flip tax paid by the purchaser. 1% flip tax paid by buyer. This home combines the best of city living with the tranquility of a serene garden retreat. Don’t miss the opportunity to call this remarkable co-op your new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
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 | $5,905 | $6,659 | $8,776 |
Total Monthly Payment | $6,030 | $6,784 | $8,901 |
* 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.