Perched on a high floor, this elegant 9-room corner residence boasts approximately 3, 100 square feet of luxurious living space, with sunny western and southern exposures that wrap the corner of Park Avenue and 92nd Street. Featuring 4 spacious bedrooms and 4 bathrooms, the apartment offers grandly proportioned rooms and a flexible layout adaptable to various lifestyles.
A semi-private landing opens into a wide entry gallery that leads to all major rooms. The expansive, south-facing living room is anchored by a wood-burning fireplace and seamlessly connects to the formal dining room, which comfortably accommodates seating for 16-ideal for grand entertaining. Adjacent to the dining area, the butler's pantry leads to a spacious, windowed eat-in kitchen, accompanied by a staff room with an additional bath.
The corner primary bedroom is flooded with light from exposures to the west and south and features two walk-in closets. An impressively large second bedroom faces Park Avenue and includes an en-suite bath, while two additional generously sized south-facing bedrooms share a bath.
This residence features elegant details throughout, including 9'8" ceilings, white oak hardwood floors, and through-the-wall air conditioning units. A private storage unit trades with the apartment.
Built in 1925 by renowned architects Schwartz & Gross, 1165 Park Avenue is a full-service cooperative in the heart of Carnegie Hill. Amenities include 24-hour doorman, live-in resident manager, a recently renovated fitness center and playroom, bike room, and private storage. Ideally situated moments from Central Park, world-class museums, premier shopping and top private schools. Financing up to 50% is permitted, and there is a 2% flip tax paid by the purchaser.
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William Raveis Real Estate
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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 | $3,400,000 | $3,400,000 | $3,400,000 |
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 | $18,252 | $20,112 | $28,007 |
Total Monthly Payment | $18,377 | $20,237 | $28,132 |
* 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.