This three bedroom, three and one-half bathroom residence at Central Park Tower offers gracious living enhanced by quintessential Central Park views from an elevation over 700 feet. Nearly 11-foot ceilings and floor-to-ceiling seven-foot-wide glass panels allows for an abundance of natural light throughout the home. The formal entry foyer and gallery lead to an expansive great room featuring both north and east facing views. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances create the perfect setting for entertainment. The intelligently designed floor plan features dual exposures, three en-suite bedrooms and a separate powder room. The south and east facing primary bedroom suite features spectacular city views with an oversized walk-in closet and a luxurious marble-clad five-fixture master bathroom. Central Park Tower offers the most elevated residences in New York City. The tower's vast footprint offered the unique opportunity to create the most gracious layouts and exceptional floor plans. The definitive aspect of living in Central Park Tower is the extraordinary views. The building was designed from the inside out to maximize these incomparable panoramas. Located on Manhattan's Billionaire's Row and steps from Central Park, this new architectural landmark will rise 1, 550 feet above New York City, establishing it as the tallest residential building in the world. Within the tallest residential tower ever built will be the world's most exclusive private club, Central Park Club. The Club will offer approximately 50, 000 square feet of thoroughly curated luxury amenities spread across three floors, each location providing a unique experience complemented by five-star service. The defining feature of Central Park Club is the 100th floor located over 1, 000 feet above Manhattan. Residents will enjoy the highest private ballroom, dining room, wine bar and cigar lounge. Central Park Tower closings have commenced. Immediate occupancy available. The complete terms are in an offering plan available from the Sponsor. File No: CD16-0240. Equal Housing Opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$21,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $16,800,000 | $16,800,000 | $16,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $95,389 | $103,440 | $139,509 |
Total Monthly Payment | $95,514 | $103,565 | $139,634 |
* 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.