Searching for irresistible allure? This impressive and private 5th floor residence (approximately 4184 sq. ft) at 823 Park Avenue, an exclusive yet welcoming pre-war full service boutique condominium at 75th and Park in proximity to Central Park, a bevy of schools and world renowned cultural institutions, offers the highest level of luxury, service and elegant day-to-day living. The private elevator vestibule leads to a gracious entrance gallery where a show-stopping double-sized, western facing, sun-kissed living room with a gas fireplace and tree-lined views over Park Avenue beckons. Adjacent to this signature room (and ideal for remote work days or intimate entertaining) is the most alluring mahogany paneled corner library with its own gas-burning fireplace. To the north is a commanding formal dining room easily seats 16 to 24 people and a spectacular eat-in chef's kitchen complete with prep island, top of the line viking and subzero appliances will simply delight. Importantly, the discretely placed powder bath off the hall serves for the comfort of one's guests. The private wing of the residence is pin-drop quiet. With two exposures, the grand sized primary bedroom offers pleasant garden views and closets galore! Its spa-like bath outfitted with neutral hues of marble has a separate shower, glorious soaking tub (dare I say easily fits 2) and double sinks is an oasis to begin and end one's day. 4 additional bedrooms (and additional 3 full baths are each sporting nickel fixtures by Waterworks) that offer the utmost flexibility and/or room to grow. Other important features include Central Air Conditioning, washer/dryer, 10' ceilings, and herringbone hardwood floors. 823 Park Avenue, built in 1912 by Pickering and Walker, this pre-war condominium was completely redevelopment in 2007. Its exclusive 12 residences has the most attentive staff, a natural lit state-of-the-art fitness center and private storage. Pets are welcome and finance as you wish. Your search is over! Please note: showings are permitted Mon-Fri 9AM-330PM only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $9,996,000 | $9,996,000 | $9,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $5,021 | $5,021 | $5,021 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $55,975 | $60,737 | $82,340 |
Total Monthly Payment | $61,121 | $65,883 | $87,486 |
* 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.