Magical Park Views from Park Ave PH- 21st & 22nd Fl This extremely rare and freshly gut renovated Penthouse Duplex is perched atop a most distinguished white-glove prewar cooperative and perfectly situated on Park Avenue & East 74th Street. Rarely does a Park Avenue PH clear everything with protected direct park views from the 21st & 22nd Floors. This home is magical in essence as well as design. Boasting dramatic views of Central Park, as well as the skyline west, north and south, the home is airy and flooded with sunlight from every room ft. multiple terraces ready for your landscaping vision. Every public room has access to a terrace. Designed for indoor-outdoor entertaining, this apartment must be seen to be believed. A private elevator landing opens directly onto a gallery with views across the terrace and clear north. Enter the expansive corner Living Room with built in bookcases, beautiful new millwork, soaring ceilings, a working wood-burning fireplace, and views of all Central Park. 2 sets of tall French doors flank the fireplace on either side and flood the room with sunlight while allowing multiple access points to the terraces. If you choose, open the concealed partition and chat with the host in the kitchen. A beautifully proportioned Dining Room is adjacent and has access to another large, planted terrace that makes a wonderful outdoor Dining Area. Take a step up from the dining room onto a perfect nook with built-in desk and window over the terrace. This may be the most discreet home office in the city! The spacious Eat-In Kitchen has been opened onto the Dining Room with corner exposures and a brand new door was added to access a kitchen terrace. Grow your own herbs and start a small vegetable garden. Custom cast concrete countertops and floors, Sub-Zero Fridge, Wolf stove and Gaggenau cooktop, built-in seating with concealed storage, and gorgeous custom cabinetry. The 2nd Bedroom with ensuite windowed marble bath is located on the main level. Ample shelving and custom cabinetry make this suite very luxurious. There is a washer/dryer located in the bedroom hall for ease of access. Take the stairs up, with new custom designed banister and wood laid steps and enter the corner Primary Bedroom. A jewel with 10’ tall ceilings, walls of glass and new full height extra wide French doors onto a large terrace with views of Central Park. The primary bath with its soaking tub, Toto washlet, and large standing stall shower are a site to behold. Open the exterior wooden doors of the shower and look straight out the double French doors across Central Park. There is discreet closet space and a large cedar closet with additional built-ins. Custom millwork throughout makes for tremendous hidden storage. Off the Primary Suite is a Den/Office/3rd Bedroom made up of 3 sides of glass. Recline on the couch and read as the sun sets across the park and the skyline. In true triple Mint condition and designed by Davies Toews Architecture, the essence of this home and its character have been kept intact while updating every aspect to today’s most discerning standards: central air, custom millwork, all new windows and doors, Dinesen wide plank oak flooring, marble slabs imported from the Netherlands, no detail has been overlooked. This one of a kind New York residence is truly a trophy Penthouse ready to be re-imagined by your architect and designer. Designed by Emory Roth in collaboration with the renowned firm of McKim, Mead & White, 784 Park is perfectly located on 74th Street & Park Avenue. Known for its beautiful limestone facade, 784 Park is a white glove, luxury co-op with wonderful staff. Enjoy the elegance of Park Avenue and the convenience of Central Park, NYC’s best restaurants, shopping and most major transportation. Amenities include a fitness center, storage, and bike room. Pets are welcome and 40% financing is allowed.
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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 | $9,200,000 | $9,200,000 | $9,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,517 | $55,900 | $75,783 |
Total Monthly Payment | $51,642 | $56,025 | $75,908 |
* 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.