730 Park Avenue, #PH19/20C, New York (Upper East Side), NY, 10021 | $29,950,000

Triple Mint Park Avenue Penthouse

This meticulously renovated 5, 200 Sq Ft (approx. ) penthouse duplex with wonderful Central Park and Manhattan Skyline views is located on the 19th and 20th floors of one of Park Avenue's most prestigious white-glove Prewar Cooperatives at the corner of East 71st Street.

An oversized private elevator landing opens onto an elegant 21 ft. entrance gallery with an enormous picture window capturing breathtaking views of the Manhattan Skyline and Central Park. The gallery leads to a massive 35 x 22 Ft living room with soaring 11 ft. ceilings and three exposures; the Western exposure captures outstanding skyline and Central Park views. At the opposite end of the gallery is a wonderful corner library and a gracious formal dining room with floor-to-ceiling French doors opening onto the penthouse's north terrace. The vast and beautifully renovated eat-in-kitchen boasts three exposures and is bathed in natural sunlight throughout the day. The Western views from the kitchen captures Central Park and open blue skies, a rare feature in a Manhattan Pre-war kitchen. Adjacent to the kitchen is a large family room/fourth bedroom with a sunny Eastern exposure, and an adjoining guest bathroom. A separate laundry room, and a staff suite with a large private bath and a private terrace, complete this wing of the home.

A gracious staircase leads to the bedroom level of the penthouse on the 20th Fl. At the top of the staircase are French doors opening onto a wonderfully landscaped double terrace with open views westward to Central Park. Each of the three bedroom suites on this level are completely private with no adjoining walls, and each has a renovated en-suite windowed bathroom. The enormous corner primary bedroom suite enjoys floor-to-ceilings window and French doors opening onto the stunning terrace with Central Park views. The oversized suite has excellent closet space and a separate dressing room opening into a beautifully renovated sundrenched bathroom.

A staff room on the second floor of the building is available for sale separately.

730 Park Avenue was built in 1929, and designed in the golden age of New York apartment house construction by F. Burrall Hoffman Jr. and Lafayette A. Goldstone in the Neo-Renaissance and Neo-Jacobean style. Standing 20 stately stories on the Southwest corner of Park Avenue and 71st Street, the building contains 40 generously proportioned apartments. Residents enter via an impressive entrance on a quiet side street, and receive the services of two full-time doormen, a Resident Manager, and several handymen. This prestigious full-service cooperative also offers a fitness room, storage, and an excellent location in the center of the Upper East Side, minutes from fashionable boutiques, premier restaurants and art galleries on Madison Avenue. There is a 3% flip tax paid by the purchaser, and the building now permits 50% financing.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 19
  • Amenities: Bike Room; Fitness Room; Laundry Room; Common Storage;
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 5 full
  • Year Built: 1929
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Terrace : Yes
  • Building Access : Attended Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU21922120104
  • Days on Market: 690 days
  • Website: https://www.raveis.com
    /prop/RPLU21922120104/730parkavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

730 Park Avenue, #PH19/20C, New York (Upper East Side), NY, 10021

$29,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $23,960,000 $23,960,000 $23,960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $128,622 $141,732 $197,366
Total Monthly Payment $128,747 $141,857 $197,491

* 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.