Look no further and move right in! Apartment 5C is a triple-mint, extra-large 1 bedroom condo in the coveted, white-glove luxury building Wellington Tower. Upon entering the gracious entry foyer you are immediately drawn to the wall of oversized windows with sunny Southern exposures. This move-in ready home features new hardwood floors, crown moldings, and high ceilings with an abundance of closets. The generously sized kitchen with granite countertops and top-of- the-line stainless steel appliances opens to the living area for easy entertaining and a sunny kitchen. The king-sized master bedroom boasts a large closet and features more over-sized windows with Southern exposures. There is also a washer/dryer hook-up in the apartment for your convenience. The bathroom includes a triple-wide mirrored vanity and a new sliding glass door on the full-sized bathtub. There is excellent storage throughout and this is a pet friendly building. This apartment is also an excellent option for investors and this is an investor friendly building. Wellington Tower is a full-service building with a 24-hour doorman, concierge, and chock full of amenities which include a swimming pool, fitness center with steam room and sauna, residents lounge, and onsite garage. Nestled in the heart of the Upper East side, this condominium is located near countless restaurants, grocery stores, and the Second Avenue Subway line.
Manhattan’s Upper East Side extends from 59th St. to 96th St., east of Fifth Avenue and is known as one of the most prestigious neighborhoods in the city. The neighborhood consists of stylishly restored old mansions, luxury high rises, stately townhouses, and several of the best co-ops and condos in Manhattan. This district includes access to some of the finest public schools as well as elite private schools like The Dalton School and The Brearley School. Central Park is a quick westward stroll away. Art lovers will find that they can walk to their favorite museums, namely The Metropolitan, The Guggenheim, The Frick, and The Whitney. They can also visit the famous auction houses of Christie’s and Sotheby’s. Posh boutiques and upscale intimate restaurants enhance the area’s elegance.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more