NEW TO MARKET! A high-floor sundrenched corner Classic 7 in a distinguished prewar full-service Park Avenue cooperative in the Upper East Side's coveted Carnegie Hill. Residence 9C at 1105 Park Avenue offers a stately South-facing living room, a grand formal dining room, a sizable windowed kitchen as well as three bedrooms, three bathrooms, a home office/service room and excellent closet and storage space throughout. Offering a beautifully flexible and intuitive layout with a perfect assignment of elegant entertaining space and a separate bedroom wing, this home presents a fabulous opportunity to buy into prime prewar property you can perfect per your own needs.
Enter through a semi-private landing into a foyer and central gallery from which divides this home perfectly between entertainment and retreat. The living room stretches nearly 24' deep, warmed by southern sunlight through a pair of classic six-over-six windows. A wood-burning fireplace dressed in a mantle of handsome millwork rests at the center of the room, enhancing the home's prewar esthetic and charm. Overhead, coved crown molding frames the ceilings which rise over 9' throughout the entire home.
Immediately adjacent, a large formal dining room is the perfect setting for dinner parties and holiday gatherings, further serviced by both a built-in dry bar as well as a pantry before the kitchen with an additional sink, a full-sized dish washer, and an array of cabinetry and storage for your dinner and glassware. At the North end of the home, there is a sizable windowed kitchen with a French door style stainless steel refrigerator, a gas range as well as a full-sized washer and dryer that vents to the exterior. The entertaining wing is completed by a home office/service room with an en-suite windowed renovated bathroom with stall shower.
The principle bedrooms are located in the East wing of the apartment, anchored by the current corner primary suite which features sunny exposures East and South over 89th Street. There is a deep walk-in closet as well as a windowed en-suite bathroom with marble countertops and a deep soaking tub with a marble surround. The second bedroom stretches nearly 20' wide and is equipped with a pair of oversized walk-in closets which can be combined into one massive one, offering an excellent alternative for a primary suite which can incorporate the adjacent full bathroom. The third bedroom is perfectly situated between the corner bedroom and the entertaining wing, and while last used as a library/guest room it is adjacent to the corner bedroom's windowed en-suite bath which it can easily directly access as well. For both alternate uses noted above, please refer to the alternate floor plan attached.
Built in 1923, 1105 Park Avenue was designed by the renowned Rosario Candela in the Renaissance Revival style and was his first Upper East Side commission. With a brick facade and rusticated limestone base, the building commands the northeast corner of Park Avenue and East 89th Street. There is an attentive white-glove staff including a full-time doorman and live-in resident manager as well as a fitness center, bicycle storage and assigned private storage. Residents enjoy fabulous proximity to Central Park, Museum Mile as well as the vast array of restaurants, shopping, cultural and educational institutions that define life on the prime Upper East Side. Pets are permitted, and there is a 2% flip tax payable by the purchaser. Financing is permitted up to 50%.
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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 | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,539 | $14,474 | $19,735 |
Total Monthly Payment | $13,664 | $14,599 | $19,860 |
* 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.