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Gracious and sun-drenched corner 3-bedroom, 3. 5-bathroom spanning 2, 021 square feet in a luxury full-service condominium. Thoughtfully designed by CookFox Architects, the residence features wide-plank solid oak floors, in-unit LG washer/dryer, a multi-zone heating and cooling system, oversized CitiQuiet windows equipped with motorized shades, excellent closet space throughout, high ceilings, and exceptional natural light. An entry foyer – off of which is a large walk-in closet and powder room – leads to the open concept corner living and dining room with sweeping cityscape views facing north and east. The flexible layout offers the rare option to reconfigure the home into a sprawling 2-bedroom with an oversized living and dining space measuring nearly 35 feet in length. The custom kitchen is open to the living room and blends form and function with Caesarstone countertops, Bianco Dolomiti marble backsplash, a full suite of professional grade Gaggenau appliances, Dornbracht faucet with filtered instant hot/cold water spout, a U-line wine refrigerator and a custom pantry. The corner primary suite faces north and west and is a private retreat featuring two custom walk-in closet and a five-fixture bath clad in Bianco Dolomiti marble, Waterworks bath and fixtures, and Calacatta Gold bow-tie mosaic floors. Two additional bedrooms, each with en-suite baths and excellent closet space, complete this fabulous home. A large storage unit transfers with the sale. Residents of 301 East 50th Street enjoy white-glove services and wellness-oriented amenities including a 24-hour doorman and concierge, fitness center, private spa with treatment room, sauna, steam room, and tea lounge, as well as a landscaped terrace. Additional conveniences include cold storage, bike storage, a pet grooming room, and central laundry. The building is equipped with advanced air filtration and storm-resilient infrastructure. Located at the nexus of Sutton Place and Beekman, the building offers a serene residential feel with the vibrancy of Midtown moments away. 421a tax abatement in place. Working capital contribution of 2 months' common charges paid by buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,595,000
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 | $2,876,000 | $2,876,000 | $2,876,000 |
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% | 6.739% | 6.309% |
Monthly Tax Payment | $2,718 | $2,718 | $2,718 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,556 | $18,415 | $24,464 |
Total Monthly Payment | $19,399 | $21,258 | $27,307 |
* 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.