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. Extell Development Company proudly presents Central Park Tower, a monumental vision fully realized. Standing at 1, 550 feet above New York City, Central Park Tower is the tallest residential building in the world featuring stunning architecture by Adrian Smith + Gordon Gill and elegant interiors by Rottet Studios. Central Park Tower is proud to be one of the top-selling buildings of all-time in Manhattan. Central Park Tower's superior lifestyle is assured by the building's private Central Park Tower Club, with 50, 000 square feet of unprecedented amenities. The pinnacle of the Club is 10Cubed, located on the 100th floor (at an elevation of 1, 000 feet, hence its name), offering private dining and one of the world's highest ballrooms. Boasting astonishing views, with cuisine, decor, and service all meticulously curated, 10Cubed is an unparalleled dining and entertaining experience at an intimate or a grand scale. The Club features an expansive, outdoor landscaped Terrace, a 60-foot saltwater pool, and an outdoor movie theater with bar and grill. Indoor recreation amenities include a sunlit saltwater lap pool and hot tub, a double-height windowed sports court, and a high-tech fitness center. Restorative treatments are offered at The Club's spa, with both steam and sauna. The Club features a private screening room, a business center, and The Living Room residents lounge with soaring ceilings, billiards, and comfortable areas for relaxing and hosting. Central Park Tower is a new landmark, with unforgettable views, incomparable amenities, and a lifestyle that is above all else. Closings have commenced, immediate occupancy is available. The complete terms are in an offering plan available from the Sponsor. File No: CD16-0240. Equal Housing Opportunity.
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William Raveis Mortgage, LLC
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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% | 6.375% | 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 | $95,389 | $104,810 | $140,636 |
Total Monthly Payment | $95,514 | $104,935 | $140,761 |
* 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.