This glamorous 8-room residence is ideally situated at the prestigious Sherry Netherland Hotel. Wrapping the southwest corner, this sun-flooded apartment offers spectacular views over Central Park and the Grand Army Plaza, showcasing a dramatic backdrop unique to New York City living. The triple mint renovation reflects a sophisticated aesthetic that is both elegant and refined. The striking and impeccable renovation incorporates state-of-the-art technology with traditional architectural elements. An impressive Gallery with southern exposures opens to a lovely corner Living Room with breathtaking views of Central Park and a sumptuous Library. Beyond there is another Library/Dining Area and a fully equipped Kitchen. A Powder Room and coat closet are conveniently adjacent. The very private and spacious Primary Bedroom Suite is flanked by two original Art Deco marble bathrooms each with a sizable windowed Dressing Room boasting Park views and tremendous closet space. Two additional bedrooms with marble baths and ample closets are situated in a separate wing. These rooms have open and sunny southern exposures. Two decorative fireplaces, beautiful hardwood floors and sophisticated lighting and music systems further distinguish this quintessential New York view apartment. This most delightful residence is the ultimate abode for grand living and entertaining. The Sherry Netherland Hotel is located at the corner of Fifth Avenue and 59th Street in the heart of Midtown. This central and sought after location is easily accessible to Central Park as well as Manhattan’s best restaurants, shops and museums. Services and amenities offered by this iconic white-glove prewar cooperative hotel include full concierge services, 24 hour doormen and elevator attendants, daily housekeeping and evening turndown services, valet parking, room service provided by Harry Cipriani, a fitness center, barber shop and beauty salon.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.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 | $4,800,000 | $4,800,000 | $4,800,000 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,012 | $30,339 | $40,505 |
Total Monthly Payment | $28,137 | $30,464 | $40,630 |
* 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.