760 Park Avenue, #7/8, New York (Upper East Side), NY, 10021 | $22,500,000

A palatial prewar masterpiece, this grand, corner 26 into 21 room duplex residence boasts perfectly scaled rooms for spectacular entertaining and everyday living. Drenched in sunlight, each floor of the sprawling home has nearly 90 feet of frontage on Park Avenue and nearly every room has an open, external view.

There are nine bedrooms, including a primary suite with a large windowed dressing room and separate sitting room, seven full windowed baths, two powder rooms, and three wood burning fireplaces. There is a beautiful enfilade of entertainment rooms which include a living room that is 39'6" long, a formal dining room, a corner library that is 25' long, an entertainment room, two enormous windowed eat-in kitchens both with breakfast rooms and large pantries, a windowed butler's pantry and a windowed laundry room. This stunning home has been thoughtfully designed by AD100 interior designer Jacques Grange and has rich Versailles patterned wood floors, oversized brand new windows, soaring ceilings and an abundance of prewar architectural details. There are two double staff rooms located on the top floor of the building that transfer with the apartment; one has its own private bathroom and the other shares a hallway bathroom.

You arrive on the 8th Floor to a private elevator landing, which opens onto a regal entrance gallery, perfect for a significant art collection. There is a large coat closet and a perfect powder room. The sumptuous living room is in the center and has three oversized windows overlooking Park Avenue; this impressive room houses the first wood burning fireplace. Adjacent to the North is an oversized formal dining room that can seat twenty-four people for formal gatherings and to the South is the corner library with handsome wood paneling and the second wood burning fireplace. Through French doors is yet another beautiful entertaining room that faces South onto double wide 72nd Street with brilliant light.

A chef's dream, there is a corner 25'6" by 18' windowed eat-in kitchen with an expansive informal dining area. It is superbly outfitted with custom cabinets, a center island, and endless amounts of storage. There is a windowed butler's pantry with two additional pantry closets as well as a back staircase that connects to the 7th Floor kitchen. There are three bedrooms or two and a media room on this floor and two full windowed bathrooms.

Down a sculptural, architectural staircase are the private quarters. The luxurious, sun-flooded primary bedroom is 26'4" long and overlooks Park Avenue. It has a large sitting room and a massive windowed dressing room. The luxurious windowed primary bathroom is clad in marble and has a steam shower, a deep soaking tub, two sinks, and a separate water closet. The second bedroom is a corner room facing South and East; it has an en-suite windowed bathroom, a wood burning fireplace, and a walk-in closet. The third and fourth bedrooms face South over 72nd Street and have excellent closet space; they share an enormous windowed bathroom with two sinks and a bathtub. The fourth and fifth bedrooms have en-suite windowed bathrooms and great closets. This floor has the second bright windowed eat-in kitchen which has a magnificent breakfast room that faces West as well as a huge windowed laundry room and a powder room. The large laundry room has two sets of full sized vented washer dryers and a double soaking sink. In addition, there is a large dressing room/mud room with full bathroom off the gallery. There is also a back staircase in the home.

Two storage bins and two outside staff rooms transfer with the sale. The maintenance for the two outside staff rooms is an additional $2, 830 per month. The building allows no financing and there is a 3% flip tax. Designed by W. L. Rouse and L. A. Goldstone and constructed in 1924 by Starrett Brothers & Eken, 760 Park Avenue is a neo-Renaissance prewar co-op. There is a full-time doorman, live-in resident manager and gym. Co-Exclusive.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 14
  • Amenities: Laundry Room; Common Storage;
  • Rooms: 21
  • Bedrooms: 9
  • Baths: 7 full / 1 half
  • Year Built: 1924
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU33422885256
  • Days on Market: 218 days
  • Website: https://www.raveis.com
    /prop/RPLU33422885256/760parkavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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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

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760 Park Avenue, #7/8, New York (Upper East Side), NY, 10021

$22,500,000

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 $18,000,000 $18,000,000 $18,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $96,628 $106,477 $148,272
Total Monthly Payment $96,753 $106,602 $148,397

* 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.