Grand & Extraordinary 12 Room Prewar Coop with 9 windows overlooking Park Avenue Enter directly into this elegant full-floor (5 Bedroom, 5. 5 Bath) residence through an impressive gallery that separates an extraordinary entertaining wing from the private quarters of this one-of-a-kind home. The Living Room, Formal Dining Room, and Great Room with wet bar create a seamless, unrivaled expanse with over 83 feet overlooking Park Avenue. An adjacent Library with bespoke millwork for more intimate gatherings creates a masterpiece for both entertaining and modern living. The Eat-in Chef’s Kitchen with marble countertops features state-of-the-art appliances such as a Subzero refrigerator, a Bosch dishwasher and a Viking gas range. The Laundry Room with a full-sized washer and dryer, a wash sink, a Viking dishwasher, and an additional Subzero refrigerator provides the ultimate in convenience, and an additional Bedroom/Home Office with an ensuite Bath perfects this area. The private Bedroom quarters create the perfect sanctuary, boasting a luxurious Primary Suite with two separate ensuite Bathrooms and two large, windowed Dressing Rooms. Three additional Bedrooms (with 2 Bathrooms - one shared and another ensuite) offer large proportions, abundant closet space, and exquisite prewar detailing. Additional features of this impressive prewar residence include soaring 9’9 ceilings, wood flooring, custom mahogany details, and beautiful finishes throughout. Two large storage units transfer with the apartment. 955 Park Avenue is a white-glove co-operative that was built in 1915 and designed by Robert Lyons in partnership with Bing & Bing. The building offers a full-time doorman, storage, live-in super, and a bicycle room. There is an assessment of $1, 868 payable through 2024 and a 2% flip tax paid by the purchaser. The building permits 50% financing. Pets are allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $8,780,000 | $8,780,000 | $8,780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,852 | $54,060 | $72,910 |
Total Monthly Payment | $49,977 | $54,185 | $73,035 |
* 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.