515 Park Avenue, #36/37/2EF, New York (Upper East Side), NY, 10022 | $27,500,000

This massive 5000 sq. ft. Park Avenue Penthouse condominium duplex two blocks from Central Park, offers extraordinary scale, soaring 11’5” ceilings, huge floor to ceiling windows with glorious views of Central Park, five bedrooms, five full baths and two half baths, a studio/staff/guest/office/apartment overlooking Park Avenue with approximately 700 sq. ft. , wine room and two storage units all included in the sale. Panoramic views of Central Park, the Manhattan skyline, Park Avenue and beyond to the George Washington Bridge surround the Penthouse, which is gloriously imbued with the architectural genius of world renowned designer, Juan Pablo Molyneux. The duplex, located in one of New York’s most coveted limestone condominiums at the corner of Park Avenue and 60th Street, offers utmost privacy comprising the entire 36th floor and 37th floor of this 43 story building, and is joined by an exquisite onyx staircase with an intricately designed wrought iron railing, and the apartment’s own private interior elevator. Every room in this sumptuous residence has double exposures either north and west over Central Park or south and east with iconic city views, filling the Penthouse with extraordinary light. Molyneux’s superb finishes consist of parquet de Versailles floors, onyx and marble floors and door surrounds, a 19th century French scagliola fireplace, Guerin hardware throughout, all reflecting the grandeur and meticulous workmanship of Molyneux. The private elevator landing leads to a grand entrance gallery with onyx and marble patterned floor, soaring 11’ 5” tray ceiling and sweeping onyx staircase with beautiful wrought iron railing, and leading to the private quarters on the second floor. Off the entrance gallery is the magnificent 30’ x 20’ corner drawing room with parquet de Versailles floor, Venetian plaster walls, rare 19th century French scagliola woodburning fireplace, 11. 5 ceiling and three floor to ceiling windows filling the room with Central Park views, iconic city views, and beautiful light. The private corner library is off the living room and has 11’5” ceiling and long views north and east. Across the entrance gallery is the 20’ corner formal dining room with parquet de Versailles floor, 11’5” ceiling and floor to ceiling windows with views to the ornate top of the Pierre Hotel and the park beyond. A lavish onyx powder room is off the entrance gallery. The large 24’ x 14’ corner windowed dine-in chef’s kitchen is state-of-the-art and offers a marble floor, center island, custom cabinetry with marble countertops, Thermador, SubZero and Miele appliances, and a breakfast area. A staff bath is off the kitchen. The upper floor has 4 corner bedrooms, including the enormous corner master bedroom, 21’ x 15’, with high ceiling and floor to ceiling windows offering views of Central Park and north to the George Washington Bridge. The huge spa-like en-suite onyx master bath has a large window, double vanity sinks, a jacuzzi, and walk-in shower. Two oversized walk-in closets complete the master suite. The second bedroom is 20’ x 13’, with double exposures with beautiful views, high ceiling, large walk-in closet, and en-suite onyx bath. The third and fourth corner bedrooms face east with brilliant sunshine, high ceilings, floor to ceiling windows, and en-suite onyx baths. A laundry room completes the floor. The Penthouse has a Crestron sound and lighting system, fiber optics, and central air conditioning. The prestigious white glove condominium offers a full-time concierge and valet service, elegant lobby, windowed private sitting room off the lobby, state-of-the-art fitness center, dining salon with catering kitchen for use by residents, conference room, and 24 hour security. The Penthouse offers an extraordinary lifestyle, close to world class shopping, restaurants, museums, cultural events. Flip Tax: 2% Paid By Buyer

Features

  • Town: New York
  • Cooling: Central
  • Levels: 43
  • Amenities: Fitness Room; Laundry Room; Private Storage For Fee; Wine Cellar;
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Year Built: 1999
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Penthouse: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Concierge: FullTime
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: PRCH7734054
  • Days on Market: 418 days
  • Website: https://www.raveis.com
    /prop/PRCH7734054/515parkavenue_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 Sothebys International Realty

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NMLS Mortgage Loan Originator ID 1880936

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515 Park Avenue, #36/37/2EF, New York (Upper East Side), NY, 10022

$27,500,000

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 $22,000,000 $22,000,000 $22,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $124,914 $137,251 $184,166
Total Monthly Payment $125,039 $137,376 $184,291

* 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.