Presenting a one-of-a-kind offering in one of NYC’s most prestigious and coveted cooperatives. Featured in Architectural Digest, and architecturally designed by AD100, 2023 Hall of Fame-winning architects SheltonMindel & Associates, apartment #10 at 2 East 88th Street in Carnegie Hill is a notably rare opportunity for the discerning buyer. This exquisite, full-floor residence stands apart from others in its premier Upper East Side locale with its meticulous modern-minimalist interiors and exceptional ceiling height. The expansive home boasting almost 50’ of Fifth Avenue frontage is idyllically located steps from Central Park, and flooded with light from 25 oversized windows on West, North, and East exposures. Gorgeous open views of the park, Jacqueline Kennedy Onassis Reservoir, and Guggenheim Museum are a wonderful backdrop in all rooms. Enter via a private elevator landing into a striking glass vestibule. Beyond, a formal 28’x7’ gallery welcomes you, effortlessly flowing into the rest of the exquisite oasis. Wrapped in glossy lacquer, the ambience is enhanced by airy 11’ beamed ceilings, chic white resin & black wenge wood floors, sprawling art gallery walls, recessed ceiling & floor lighting, and 2 wood-burning fireplaces. ?? Entertain guests in your fabulous sun-drenched Central Park wing that extends the entire length of the building façade and overlooks the picturesque park. Host in style in the palatial northwest corner living room with a walnut-encased steel fireplace, fireside library/media room divided by walnut paneled blocks, and gracious dining room with a wet bar and sand-blasted glass walls. Set behind a 16’ glass wall is the sleek, eat-in windowed kitchen, featuring Bulthaup cabinetry, a stainless steel center island, and top-grade appliances by Viking, Sub-Zero & Miele. Nearby you’ll find a convenient powder room with park vistas, abundant concealed closets, and a pantry area with laundry. The primary bedroom, sitting on the eastern side of the home, is accessed by a private hall lined with 10 custom-outfitted walnut closets. The 5-fixture en-suite bath pampers with custom Dornbracht finishes, radiant heated floors, a double sink vanity, steam rainfall shower with dual heads, and deep soaking tub. Three additional bedrooms, one with a Murphy bed, all come with their own en-suite bathrooms. Plus you’ll enjoy a custom audio-visual system with speakers in every room, central AC and heat, a security alarm system, and two storage units that transfer with the apartment. ?? Majestic 2 East 88th Street, brought to life by architects Pennington & Lewis and renowned builder Bing & Bing, is a well-established prewar co-op with 14 stories and just 13 apartments. The extraordinary address on Fifth Avenue is directly across from the Guggenheim Museum, a stone’s throw from Central Park, close to acclaimed museums, restaurants, schools and other attractions.
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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 | $19,600,000 | $19,600,000 | $19,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $105,217 | $115,941 | $161,451 |
Total Monthly Payment | $105,342 | $116,066 | $161,576 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.