Nestled amidst the prestigious Park Avenue on the Upper East Side of Manhattan, this versatile property presents a unique opportunity. Located within a classic pre-war building, this spacious unit currently serves as a medical doctor's office and is ready for a transformation that caters to various possibilities, be it a luxurious 1-bedroom apartment or a modernized office space. Upon entering this historic building, you are immediately greeted by its timeless charm. The existing layout of the doctor's office boasts multiple examination rooms, a reception area, and a waiting room, all bathed in an abundance of natural light streaming in through large windows. With a comprehensive renovation, the possibilities for this property are endless. Imagine the transformation into a chic Upper East Side apartment, blending classic architectural features with modern amenities. The spacious layout could be easily reconfigured to create a stunning one-bedroom abode with an open-concept living and dining area, a fully-equipped kitchen, a luxurious master bedroom, and a well-appointed bathroom. High ceilings and ample square footage offer limitless design potential. Alternatively, if you have a vision for a modern office space, this location can be seamlessly adapted to accommodate your professional needs. The existing configuration lends itself to creating a well-organized workspace, with multiple private offices or meeting rooms. The reception area can be transformed into a welcoming entry for clients, and the ample windows provide an inspiring environment. This prime Upper East Side location provides easy access to an array of upscale amenities, including gourmet dining, high-end shopping, and cultural attractions. Central Park and the Museum Mile are just a stone's throw away, ensuring a perfect balance of work and leisure. With its prime location, classic architectural features, and the potential for transformation, this property on Park Avenue presents a rare opportunity for those with a discerning eye. Whether you envision an elegant residence or a modern office, this space is a canvas awaiting your unique vision and creativity. Don't miss the chance to shape the future of this remarkable Upper East Side gem.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,306 | $4,306 | $5,524 |
Total Monthly Payment | $4,398 | $4,398 | $5,616 |
* 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.