New York (Lenox Hill), NY, 10065 | $1,200,000

LAND LEASE EXTENDED TO 2124! Hollywood History Meets Timeless Elegance on Park Experience the allure of Hollywood nostalgia in this 3 bedroom 3 bathroom Park Avenue apartment, once the cherished home of screen idol Douglas Fairbanks Jr. Spanning over approximately 2100 square feet, this iconic residence reflects a bygone era of glamor and sophistication. Meticulous attention to detail was taken during its design and renovation, a testament to the collaboration between renowned English designer Jane Churchill and architect Benjamin Huntington. Stepping into the gracious foyer with stunning herringbone wood floors, you are greeted by 9’ ceilings and south-facing natural light. Enter the beautifully renovated library exuding old-world luxury. Pocket doors lead to the adjacent room which can be easily transformed into a third bedroom with ensuite bathroom. This room features a marble fireplace imported from England, 22 cabinets, Sisal carpeting, and tilt and turn windows. The grand living room, the very space where Mr. Fairbanks entertained Sir Laurence Olivier, Rex Harrison, Bobby Short and the Duke of Wellington to name a few, is bathed in light from the south-facing windows and can comfortably accommodate up to 12 guests. Providing the ultimate in privacy, the primary bedroom has its own wing complete with ensuite windowed bath and two walk-in closets. Filled with glorious natural light, the room is spacious enough to accommodate a desk and cozy seating area. A generously-proportioned second bedroom is replete with built-in storage, two sizable closets and its own ensuite windowed bathroom. The windowed kitchen is adorned with high-end appliances and great storage. This special home is equipped with multiple closets including 5 walk-ins! It offers a valuable bonus room, a versatile area that can be customized to suit your needs. Whether you’re seeking a home office, a spacious walk-in closet, or expansion of the primary bathroom, this area offers endless possibilities. Originally built as a hotel in 1927, The Beekman harkens back to those days by offering unparalleled services in one of New York City’s most coveted locations. Amenities include 24-hour doorman, concierge services, well-equipped gym, resident manager, window-washing upon request, laundry facilities, and on-site management. DAILY HOUSEKEEPING AND UTILITIES ARE INCLUDED IN THE MAINTENANCE! TWO STORAGE CAGES TRANSFER WITH PURCHASE! Step out of the grand lobby, designed in the Italian Renaissance style, and experience some of the world’s finest restaurants, retailers and, of course, the joys of Central Park. Or stay close to home and head downstairs to the recently opened Cafe Boulud by renowned chef Daniel Boulud. This tasteful and inviting residence is perfect for full-time living or pied-à-terre ownership. Foreign buyers, as well as those interested in purchasing through an LLC or Trust, are welcome! Subletting is permitted! Embark on a journey through time and experience the joy of living, as Douglas Fairbanks Jr. did on the silver screen, in this fabulous and historically rich home.

Features

  • Town: New York
  • Levels: 16
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 75.250000x150.000000
  • Laundry: Building Washer Dryer Install Allowed,Common Area
  • Year Built: 1927
  • Common Charge: $10,310 Monthly
  • Approx Sq. Feet: 2,100
  • Est. Taxes: $0
  • Pet Policy: Building No,No
  • MLS#: COMP-153045774065142
  • Days on Market: 191 days
  • Website: https://www.raveis.com
    /prop/COMP-153045774065142/575parkavenue_newyork_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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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
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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

New York (Lenox Hill), NY, 10065

$1,200,000

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 $960,000 $960,000 $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 $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,153 $5,679 $7,908
Total Monthly Payment $5,278 $5,804 $8,033

* 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.