1289 Lexington Avenue, #5B, New York (Upper East Side), NY, 10028 | $5,250,000

Buyer Incentive - Limited Time Offer! Transfer Taxes and Two Years of Common Charges Paid by Sponsor.

Private In-Person Appointments Available. Immediate Occupancy.

1289 Lexington is the newest addition to the Zeckendorf portfolio, joining such illustrious buildings as 520 Park Avenue, 18 Gramercy Park South, and 15 Central Park West. The new 18-story tower, designed by the esteemed HOK Architects, with bespoke interiors by Architectural Digest 100 Designer Lee Mindel of SheltonMindel, offers discerning buyers incredible spaces in which to live. The limestone-clad condominium provides grand proportions, oversized bay windows, soaring ceiling heights, and some of the best closet space in
Manhattan.

Spanning over 3, 217', apartment 5B is a thoughtfully designed four-bedroom, four-and-a-half bath residence. The expansive corner great room opens to the kitchen featuring a marble island, custom walnut cabinetry, oversized pantry, and Gaggenau appliances, including a gas cooktop with a vented hood. Each of the four bedrooms is much larger than those typically found in new developments and the apartment includes five grand walk-in closets. The bathrooms boast slab and mosaic marbles in a light, serene palate and beautifully curated hardware and fixtures. There is a private laundry with a vented dryer and a four-pipe heating and cooling system with Nest controls in each room.

Amenities include a large and elegant lounge with a Billiard table and outdoor space; a rooftop terrace with fireside seating and grill; a windowed fitness center designed by The Wright Fit; a fun-filled playroom created by Silver Hill Atelier; a multimedia music room; a conference room with remote meeting capabilities; and private tutoring/study pods.

Perfectly centered between two parks, and next to myriad forms of transportation, Apartment 5B is an oasis of quiet and light amid the wonderful excitement of the Upper East Side.

All dimensions and square footages are approximate and subject to, among other things, normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended ("Plan"). In the event of any inconsistency between this floor plan and the floor plans contained in the Plan, the floor plans contained in the Plan shall prevail and control. Plans and dimensions may contain minor variations from floor to floor. Any depictions of personal or condominium property, including, without limitation, any interior and exterior decorations, furniture, furnishings, fixtures, appliances, and landscaping (including the maturity of growth of landscaping), are for illustrative and conceptual purposes only. No representation or warranty is made that a unit owner will be able to implement the furniture layout shown above. Sponsor makes no representations or warranties except as may be set forth in the Plan. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0315. SPONSOR: 86LEX OWNER, LLC, 445 PARK AVENUE, SUITE 1902, NEW YORK, NY 10022. EQUAL HOUSING OPPORTUNITY.



Features

  • Town: New York
  • Cooling: Central
  • Levels: 21
  • Amenities: Fitness Room; Nursery; Lounge; Roof Deck;
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Complex: Hayworth, The
  • Year Built: 2018
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU21921861306
  • Days on Market: 224 days
  • Website: https://www.raveis.com
    /prop/RPLU21921861306/1289lexingtonavenue_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 Brown Harris Stevens Residential Sales LLC

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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
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860.690.5052

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Our Insurance Division:

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1289 Lexington Avenue, #5B, New York (Upper East Side), NY, 10028

$5,250,000

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 $4,200,000 $4,200,000 $4,200,000
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 $23,847 $26,203 $35,159
Total Monthly Payment $23,972 $26,328 $35,284

* 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.