THE REMARKABLE IRVING BERLIN PENTHOUSE
FROM SUNRISE TO SUNSET, A GLORIOUS VIEW
From this penthouse you can watch the sunrise from the wide planted terrace to the east at the beginning of the day and then see it set at the end of the day at the west side of the terrace. And all day long tall glass sliding doors open for an even closer look at the endless sky and ever-changing views of the swirling currents of the East River.
THE PENTHOUSE
Located on the top two levels of a beautifully situated Emory Roth cooperative at East End Avenue and East 86th Street, the UPPER ENTERTAINING LEVEL is surrounded by a large planted terrace facing east, south, and west. The living room has a wood burning fireplace and floor to ceiling sliding doors enabling easy access for indoor/outdoor living. The open formal dining room also has views of the East River. The renovated kitchen is enhanced by a beautiful eating area with a glass solarium and doors to the west section of the terrace. There is also a staff room and full bath.
The LOWER LEVEL
The lower level has a primary bedroom suite spanning 33 feet which includes a wood burning fireplace, a breakfast bar, a large dressing room, and a spacious well designed bathroom. It is a perfect place to capture the morning sun.
There is an additional den/ bedroom and two additional bedrooms with baths en-suite, one of which is a perfect corner room facing south and west.
CARL SCHURZ PARK
The penthouse view also includes the lush greenery of Carl Schurz Park. This almost 15 acre site has long been valued for its strategic location overlooking the turbulent waters of the Hellgate at this bend in the East River. In 1902, illustrious landscape architect Calvert Vaux joined others to create a new landscape design for the park. Today it is deemed to be one of the most exquisite small urban parks in all of Manhattan.
GRACIE MANSION
Built by Archibald Gracie in 1799, Gracie mansion is one of the oldest surviving wood structures in Manhattan. Robert Moses convinced city authorities to designate the house as the official residence of the mayor and in 1942 Fiorello La Guardia and his family moved in, describing it as New York's "little White House ". Just northwest of Gracie Mansion John Jacob Astor also had a country estate.
Carl Schurz Park and Gracie Mansion both add to the beauty of the view from this penthouse and to the bucolic environment below.
One could easily imagine that a creative talent like Irving Berlin would be drawn to the beauty of this particular penthouse.
There is a 2% Flip Tax Paid by Purchaser
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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 | $5,520,000 | $5,520,000 | $5,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $32,213 | $34,890 | $46,581 |
Total Monthly Payment | $32,338 | $35,015 | $46,706 |
* 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.