Experience the essence of sophistication and refinement in this exquisite full-floor residence situated directly on and overlooking Park Avenue. This exceptional property of approximately 4, 400 square feet offers a unique blend of luxury and comfort, featuring five bedrooms, four full, en-suite baths, and a powder room off the main foyer. Enter through a private elevator to a welcoming gallery, which leads into a bright, spacious living room with dual exposures, complemented by a wood-burning fireplace. Nearby, a sizable formal dining room awaits, ideal for hosting refined gatherings. The layout features a masterful separation of entertaining and private living spaces, accessible from a wide hallway off the main gallery, which leads to four large bedrooms. Each bedroom serves as a sanctuary, each complete with en-suite bathroom. The home also includes a cozy and comfortable library, equipped with a second wood-burning fireplace and offering a sense of sophisticated comfort. Central to this residence is the chef-inspired kitchen designed for culinary exploration and social interaction. It flows into a generous formal dining room, adjacent to the living room, and marrying functionality with comfort. This residence boasts numerous high-end features, including a laundry room, high ceilings, central air conditioning, and extensive closet space for ample storage. Nestled on Park Avenue and 77th Street, this architectural gem is a tribute to York & Sawyer's timeless design from 1925. A notable pre-war co-op on Park Avenue, No. 860 is distinguished by its gracious proportions and exclusive full-floor living spaces. The building is immersed in one of Manhattan’s most esteemed neighborhoods, offering proximity to top-tier restaurants, art galleries, museums, and shopping. Photos are virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $6,396,000 | $6,396,000 | $6,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $37,325 | $40,427 | $53,973 |
Total Monthly Payment | $37,450 | $40,552 | $54,098 |
* 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.