IMMEDIATE OCCUPANCY Designed by the award-winning Studio Sofield, recognized for their impeccable quality of craftsmanship, this spectacular Duplex Penthouse offers 6, 512 interior sq. ft and 309 exterior sq. ft of opulent living. It features 4 bedrooms, 4. 5 bathrooms with interior design and furnishings by the acclaimed Banda of London. Floor 76: A direct elevator Entry Gallery, finished with white macauba stone, provides a grand entrance into the Great Room which offers 14-foot ceilings and floor-to-ceiling windows, showcasing breathtaking views of Central Park. To the south, one finds a mesmerizing panorama of some of the city’s most iconic landmarks, including the Statue of Liberty and One World Trade Center. The corner, south-facing Kitchen offers stunning southern city skyline views, a generous breakfast room, custom cabinetry designed by Studio Sofield, crystallo white quartzite countertops and backsplash, and a full suite of Gaggenau appliances, including gas cooktop with fully vented hood, steam oven and wine fridge. A southern facing Media Room, interior Elevator and Powder room with a jewel onyx stone vanity, floors and wainscoting completes this grand floor. Floor 77: The magnificent, luxuriously appointed Primary Bedroom Suite features northern, perfectly centered Central Park views, a large Dressing Hall with a wet bar/coffee station, and a windowed Bathroom also facing north, overlooking the park clad in hand selected veined white onyx. The custom freestanding polished nickel bathtub is by William Holland and beautiful, custom-designed fixtures are hand-cast by P. E. Guerin, the only foundry still operating in New York City. The secondary bedrooms, each with striking views are all generously proportioned with en-suite bathrooms finished in a distinctive crystallo gold quartzite and custom Studio Sofield designed fixtures. PH Residence Highlights: Private elevator entry Interior elevator Ceiling heights of 14’ Floor-to-ceiling windows Custom smoke-gray oak floors 9’ custom doors with bronze hardware Zoned, year-round HVAC system private outdoor space 111 West 57th Street, an elegant tower of glass, terracotta and bronze, rising to 1, 428’ and perfectly centered, overlooking Central Park. It is the premier Condominium along West 57th Street, offering extraordinary views, boutique sophistication, and an unparalleled level of privacy and highly-personalized services. Residents at 111 West 57 will enjoy exclusive concierge service and a rare, private porte cochère entrance on 58th Street for the utmost in security and privacy. Club 111 and Sports Club include: -Complementary daily breakfast for all residents catered by Le Bilboquet -Wellness and Lifestyle Concierge Services -82’ two-lane Swimming Pool with Private Cabanas -Separate Sauna and Treatment Rooms -Double-height Fitness Center with mezzanine Terrace -Private Club space with Dining/Meeting rooms, Bar/Coffee service, Living Areas, Library and an expansive double-level Terrace. -Chef’s catering Kitchen -Manhattan’s first private Padel court -Golf Simulator -Children’s Playroom *Please note the padel court, golf-simulator, and children’s playroom are part of Non-Residential 2 Unit and are owned and controlled by the Non-Residential 2 Unit Owner. Additional fees may apply.
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Our Executive Mortgage Banker:
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$49,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.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 | $39,200,000 | $39,200,000 | $39,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $222,573 | $244,557 | $328,150 |
Total Monthly Payment | $222,698 | $244,682 | $328,275 |
* 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.