25 W 28th Street, #PH42A, New York, NY, 10001 | $9,195,000

25 West 28th Street, #PH42A Introducing Penthouse 42A at the acclaimed Ritz-Carlton Residences designed by legendary architect Rafael Vinoly. Exclusive benefits and panoramic helicopter views of the Lower Manhattan skyline, the Statue of Liberty, the Empire State Building, and the East River make this lavish 2-bedroon, 2. 5-bathroom offering unlike any other in the city. Exclusive Ritz-Carlton Benefits Ideal as a pied-a-terre property or an investment opportunity, owners have access to the penthouse for up to 120 nights a year and can appoint The Ritz-Carlton to rent and manage the home and generate income when they are away. The building has legally circumvented local AirBnB laws and expertly markets and advertises the home to achieve some of the highest nightly rental rates in the city. Residents also have access to all the amenities and services of the famed Ritz-Carlton Hotel. These include renowned wellness and spa services, a state-of-the-art gym, event and lounge spaces, a rooftop bar, two restaurants, and in-room dining run by Michelin-starred chef Jose Andres. Additionally, all the best restaurants, bars, cafes, and shops that NoMad has to offer are moments away. Penthouse Living Interiors are stunning in every way and can be delivered exquisitely furnished. Oversized picture windows let in an abundance of southern and eastern light, accentuating beautiful white oak floors, custom millwork, and soaring ceilings over 10 feet high. A state-of-the-art Lutron panel controls lighting and motorized drapes. The Poliform kitchen is adorned with an eat-in waterfall island, honed white quartzite countertops and backsplash, bronzed glass cabinetry with built-in LED lighting, and fully integrated Miele appliances. True Bedroom Suites The king-size primary suite has a wall of reach-in closets and a decadent en-suite bathroom with Bardiglio Nuvolato marble slab walls and floors, a carved Terrazzo double sink, acid-etched glass shower and water closet enclosures, a walk-in rainfall shower, and a deep Duravit soaking tub. The second bedroom suite can easily accommodate two double beds and has a reach-in closet and spa-like en-suite bathroom. A stacked Miele washer and dryer and a dedicated owners closet complete the home. The Ritz-Carlton Residences, New York, NoMad are not owned, developed or sold by The Ritz-Carlton Hotel Company, L. L. C. or its affiliates (Ritz-Carlton). RP 1185, LLC uses the Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company L. L. C.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Style: Apartment
  • Year Built: 2021
  • Heating: Other, See Remarks
  • Cooling: None
  • Basement: See Remarks
  • Approx Sq. Feet: 1,750
  • HOA Fee: $4,615 Monthly
  • View: Skyline
  • School District: New York
  • MLS#: H6315366
  • Days on Market: 169 days
  • Website: https://www.raveis.com
    /eprop/H6315366/25w28thstreet_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: 646-480-7665

William Raveis Family of Services

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888.699.8876

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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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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

25 W 28th Street, #PH42A, New York, NY, 10001

$9,195,000

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 $7,356,000 $7,356,000 $7,356,000
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 $43,514 $46,495 $63,072
Total Monthly Payment $43,639 $46,620 $63,197

* 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.