Palatial Duplex Residence
This extraordinary 21 room residence occupies the 12th and the 13th floors of 120 East End Avenue, designed by Charles A. Platt and built by Vincent Astor. Available for the first time in over 50 years, and spanning over 7, 500 square feet, the residence is one of just 5 duplexes in the building and is arguably one of the most elegant and gracious homes in Manhattan.
The private elevator landing leads to a stately and square central gallery, which connects all the public rooms, which are baronial in scale. All boast views of Carl Schurz Park, the East River, and the skyline beyond, and each has a wood burning fireplace. The layout is exceptionally graceful, featuring well-conceived circulation and service spaces that maintain the original integrity and charm of the building's design.
The oversized, windowed eat-in kitchen is equipped for large-scale entertaining, and features a butler's pantry ideally positioned between the kitchen and formal dining room, with floor-to-ceiling cabinetry, and double utility sinks. Six staff rooms (one used as a laundry), and 2 baths offer a myriad of possibilities for one to customize the space as desired.
A private powder room, tucked away in the coat room off the entry, completes the floor.
Ascend the grand circular staircase to the private quarters, which are also accessible via a private elevator landing. This level features a central gallery as well, and is comprised of six bedrooms, three of which are exceptionally grand, and each with an en-suite bath and generous closets. The majestic primary bedroom suite has an adjacent sitting room with a wood burning fireplace, a separate dressing room, and stunning eastern views.
This spectacular home is truly an opportunity that comes along once in a generation.
Since its completion in 1931, 120 East End Avenue has been one of the premier residential buildings in Manhattan. Amenities include an elegant lobby, full-time staff, fitness center and private garden. Residents enjoy the highest level of service, privacy, and security. The building permits 50% financing, and there is a 2% flip tax payable by the purchaser. Monthly assessment of $6, 380. 54 for Local Law 11 through October 2024. Assessment increases to $15, 570. 40 through December 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $7,996,000 | $7,996,000 | $7,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.648% | 6.472% | 6.032% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $46,029 | $49,885 | $66,936 |
Total Monthly Payment | $46,154 | $50,010 | $67,061 |
* 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.