Residence 71B at 432 Park Avenue
Four Bedrooms / Four Baths / Library / Powder Room / 4, 054 sqft
Residence 71B at 432 Park Avenue is an impeccable half-floor residence featuring a perfect balance of scale, privacy, dramatic views, and design throughout.
Welcomed by a private elevator landing, this three-bedroom residence spans over 4, 000 sqft with soaring 12'6" ceilings throughout, perfectly framed by the iconic 10' x 10' windows synonymous of 432 Park Avenue.
Soaring at an impressive elevation of over 800 feet above Park Avenue in the middle of Manhattan, this residence features awe-inspiring views (N, S, W) of the Hudson River to the Atlantic Ocean, Central Park, and Manhattan skyline.
With interiors designed by Deborah Burke, a modern and elegant foyer leads to an expansive 29' 3" x 29' 3" living / dining room with Northern and Eastern exposures of Central Park and skyline. Clean lines lead to a separate eat-in kitchen with a window framed marble breakfast bar. The kitchen overlooks Central Park, finishes include custom white-lacquered millwork, marble floors and countertops, an oak finished center island, with an appliance package by Miele. A separate service entrance directly leads to a private service corridor connecting the northern and southern wings of this residence, allowing for maximum privacy.
A library / den is located off of the foyer with open city and river views, followed by an impressive gallery separates the entertaining and private spaces of this residence.
The primary bedroom suite faces south and west with two en-suite baths, dressing room, and a spectacular sleeping area with corner exposures of the skyline. Both en-suite baths feature radiant heated marble floors, custom sinks, a deep soaking tub, and marble shower with separate water closets.
Two additional bedrooms with en-suite baths and closets are located along the southern expanse of this residence with dramatic views from every angle.
This residence is truly a sky top oasis over Manhattan.
432 Park Avenue
Completed in 2012, 432 Park Avenue was designed by Rafael Vinoly and is located on Park Avenue between 56th and 57th Street and is one of the tallest residential towers in the western hemisphere, rising 1, 396 feet into the Manhattan skyline.
The residences at 432 Park Avenue are complemented by over 30, 000 sqft of professionally staffed amenities include a private marble-clad porte-cochre entrance, lounge, 5, 000 sqft terrace, private restaurant, outdoor dining, 75-foot pool, fitness center, relaxation suite featuring a spa with sauna, steam, and massage therapy rooms, library curated by Assouline, billiards room, screening room, boardroom, playroom, and yoga studio.
In-suite dining/room service, concierge, 24-hour doorman, onsite parking garage, and valet services are available.
Please be aware that the Board announced that, for the balance of this year, there will be no assessment beyond the current assessment that expires April 30, 2023.
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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 | $28,000,000 | $28,000,000 | $28,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.893% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $165,631 | $179,287 | $238,175 |
Total Monthly Payment | $165,756 | $179,412 | $238,300 |
* 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.