475 Park Avenue, #11-BC, New York (Midtown East), NY, 10022 | $5,200,000

This exquisite Park Avenue apartment, located on a high floor and featuring a corner layout, boasts spacious, well-proportioned rooms, impressive scale, and towering 10-foot ceilings, all contributing to a bright and airy atmosphere. It includes three generously sized bedrooms and four bathrooms. The apartment has been thoughtfully reconfigured from seven to six rooms, stretching over 75 feet of frontage on Park Avenue. Dual exposures and expansive triple-pane windows flood the interior with light and provide spectacular views westward. A grand 19-foot entrance gallery ushers you into the heart of the home, connecting both social and private spaces. It opens to a magnificent 29-foot by 18-foot corner living room, defined by its 10-foot ceiling, three sets of triple windows, multiple seating areas, and picturesque views. The formal dining room, distinct from the living room, mirrors this grandeur with its own 10-foot ceiling, charming views, and double doors that ensure a seamless flow when entertaining guests. The primary bedroom is remarkably spacious, measuring 25 feet by 24 feet, also with a 10-foot ceiling, two sets of triple windows with idyllic views of Park Avenue, seating area, capacious walk-in closet, and en-suite marble bathroom with a soaking tub and separate shower. Two additional large bedrooms, one of which serves as a library, offer similarly impressive dimensions, ceiling heights, window arrangements, and private marble bathrooms. The kitchen is equipped with stainless steel appliances, including a Sub-Zero refrigerator. Features such as central air conditioning, recessed lighting, and crown moldings add to the apartment's luxury. A storage unit transfers with the apartment. The prestigious cooperative building, constructed in 1908 and updated in 1959, maintains its historical charm while offering top-tier privacy and security. Amenities include a 24-hour doorman, a live-in resident manager, elevator attendants, and staff porters. The policy allows for pieds-a`-terre subject to board approval, pets with board approval, up to 50% financing, and 2% flip tax payable by the purchaser.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 15
  • Amenities: Laundry Room; Private Storage;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 4 full
  • Year Built: 1908
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: 0001396695
  • Days on Market: 197 days
  • Website: https://www.raveis.com
    /prop/0001396695/475parkavenue_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 Nest Seekers International

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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475 Park Avenue, #11-BC, New York (Midtown East), NY, 10022

$5,200,000

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 $4,160,000 $4,160,000 $4,160,000
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 $23,620 $25,953 $34,824
Total Monthly Payment $23,745 $26,078 $34,949

* 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.