This large, magnificently proportioned, 14-into-10 room apartment encompasses the entire 9th floor of 635 Park Avenue, a building designed in 1912 by the renowned architect J. E. R. Carpenter. Attractively renovated by Colefax and Fowler and other designers, the apartment has been meticulously maintained and, truly, is in pristine condition. The property is full of light with 10’ ceilings and has large eight-over-eight mullioned windows as well as central and thru-wall air conditioning throughout. One enters the apartment from a private elevator landing leading into a foyer and the memorable circular entrance gallery. This delightful and unusual space serves as the hub of the apartment and the living room, library, and stunning Biedermeier style wet bar all radiate out from it. The elegant corner living room, facing Park Avenue, is of exceptionally large size with woodburning fireplace and flows into the equally impressive sun-filled formal dining room that comfortably seats 18 people. The intimate library, with woodburning fireplace, is fitted with bookshelves. A long corridor, off the foyer, leads to the three large bedrooms with en suite baths. The primary one, entered through a discrete elliptical vestibule with two closets, is located on the corner of 66th Street and Park Avenue. It has fabulous views looking north up Park Avenue and west towards Central Park. Its spacious over-size bathroom has a walk-in shower, two sinks and an open-plan dressing room with two large closets. At the other end of the bedroom hall is a fourth, smaller bedroom, currently used as a gym. The newly renovated, bright and airy kitchen, beautifully designed by Bilotta Kitchens with top of the line appliances and cabinets, has a large central island and access to the dining room and wet bar. Also, off the kitchen, are the comfortable and appealing media room with its flat screen TV and the generous laundry room with great storage space and direct access to the service elevator. There are two powder rooms in the apartment: one off the entrance foyer, the other beside the fourth bedroom or gym. 635 Park Avenue, conveniently located on the corner of 66th Street across the street from the Park Avenue Armory, is a full-service cooperative with live-in super and full-time doormen. The building has a fitness room and private storage space in the basement. 50% financing allowed. 1. 5% flip tax
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $7,600,000 | $7,600,000 | $7,600,000 |
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 | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $44,957 | $48,664 | $64,648 |
Total Monthly Payment | $45,082 | $48,789 | $64,773 |
* 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.