This pre-war triplex Penthouse is truly a masterpiece, offering a harmonious blend of historical elegance and modern luxury. The meticulous redesign by renowned architect Peter Pennoyer has created an extraordinary residence with exceptional views, gracious entertaining areas, and luxurious features. The exquisite architectural finishes add a sense of grandeur to the home and include an enfilade of rooms framed by broad elliptical arches, domed and vaulted ceilings, French casement windows, hardwood floors, custom mouldings, and multiple fireplaces. The private elevator landing and gracious foyer set the stage for the home's impressive interior. The reception room, living room, wood-paneled dining room, and sunny eat-in kitchen provide a seamless flow for both entertaining and everyday living. The private quarters on the 14th floor offer a sun-flooded, spacious primary suite with a gas fireplace, stunning park views, a luxurious en-suite bathroom, and a well-appointed dressing room. A further bedroom, with its own bathroom, benefits from southern light filtered through the oversized windows. The 15th floor, boasting a magnificent sitting room with a wood-burning fireplace and a wet bar, opens to a stunning landscaped terrace, perfect for enjoying the breathtaking views of Central Park and the city skyline. Additionally, this floor features a handsome bedroom/study, a full bathroom and another landscaped terrace with expansive views of the Carlyle and Mark Hotels and beyond. There is a custom audio system as well as central air conditioning throughout. 953 Fifth Avenue has a limited number of residences affording its residents an unparalleled level of privacy. Designed as a cooperative in 1924 by architect Isaac Newton Phelps Stokes, this cooperative has full-time staff and allows pets, pied à terres and trust purchases. 60% financing is permitted and there are no summer work rules. There is a 2. 5% flip tax paid by the buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,000,000
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 | $12,000,000 | $12,000,000 | $12,000,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $70,029 | $75,848 | $101,263 |
Total Monthly Payment | $70,154 | $75,973 | $101,388 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.