404 Park Avenue S, #16PHA, New York, NY, 10016 | $7,100,000

Piet Boon Penthouse in Prime NoMad. Designer stylings and custom luxury details abound in this glorious penthouse on Park Avenue South, a stunning 3-bedroom, 3. 5-bathroom home that weaves robust finishes and quality craftsmanship into an alluring retreat in the heart of NoMad. Two covered balconies facilitate a seamless indoor-outdoor lifestyle, and a flexible layout allows for a fourth bedroom if desired. Sealed wide plank European oak floors glow in steady streams of southern and eastern light. Soaring 11. 5-ft beamed ceilings featuring designer light fixtures create volume and impart a sense of grandeur, while oversized factory-style casement windows with motorized shades offer picturesque city views. Custom millwork handcrafted on-site adds polish, warmth, and charm, and high-tech upgrades ensure modern convenience and comfort. The state-of-the-art Control 4 home automation system covers audio/visual components, shades, lighting, and central HVAC. There is also a laundry room with a utility sink and washer/dryer. A welcoming foyer and entry gallery with a powder room and gallery-style walls flows into a sprawling open-concept living room, dining room, and kitchen saturated with natural light. The living room features a linear gas fireplace with a bold marble surround, while dining room has an elegant wall unit and custom dry bar. The kitchen overlooks a 16-ft loggia and is equipped with an eat-in waterfall island, sleek Chambolle marble slab countertops and backsplash, custom Bulthaup alpine white cabinets, a built-in pantry, chic Dornbracht fixtures, and fully-integrated Miele appliances including a full-height 7 foot wine fridge. The primary suite boasts a cavernous walk-in closet with built-in storage solutions, a private loggia, custom blackout shades, and a spa-like en-suite bathroom with Chambolle marble slabs, radiant heated floors, a walk-in shower, and a separate Kaldewai soaking tub. The second and third bedrooms have eastern exposure, custom blackout shades, private closets, and full en-suite bathrooms. Huys is a Piet Boon-designed luxury condominium nestled in one of the trendiest neighborhoods in the city. The building has a 24-hour concierge, a private fitness center, a childrens playroom, a bicycle room, a media lounge, common laundry, cold storage, an on-site resident manager, and a landscaped rooftop terrace with an outdoor kitchen and dining furniture. It is moments from dozens of restaurants, cafes, bars, and shops, and it is close to Madison Square Park, Whole Foods, Eataly, the Flatiron District, and the Empire State Building. Nearby subway lines include the 6/R/W. Pets are welcome. Private cellar-level storage is available.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Style: Apartment
  • Year Built: 1917
  • Heating: Other, See Remarks
  • Cooling: None
  • Basement: See Remarks
  • Approx Sq. Feet: 2,983
  • HOA Fee: $5,536 Monthly
  • School District: New York
  • MLS#: H6314739
  • Days on Market: 301 days
  • Website: https://www.raveis.com
    /eprop/H6314739/404parkavenues_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Serhant LLC   Phone: 646-4807665

William Raveis Family of Services

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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404 Park Avenue S, #16PHA, New York, NY, 10016

$7,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $5,680,000 $5,680,000 $5,680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $33,599 $35,901 $48,702
Total Monthly Payment $33,724 $36,026 $48,827

* 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.