Experience luxury living in Penthouse A, one of the two exclusive penthouses at 324 West 108th Street. This stunning 3-bedroom, 3-bathroom residence occupies the entire fifth floor, offering a unique blend of historic charm and modern elegance. Step into your home directly from the private keyed elevator and be welcomed by an expansive south-facing terrace with breathtaking Hudson River views. This penthouse is part of a distinguished condominium conversion on the Upper West Side. Flooded with natural light, the spacious living and entertaining areas flow seamlessly onto the large terrace, creating an ideal space for both relaxation and entertaining. The custom Poggenpohl kitchen is equipped with top-of-the-line Miele appliances, including a convection oven, induction cooktop, vented hood, dishwasher, and refrigeration system. The oversized breakfast bar and Dekton countertops, along with custom-built soft-close cabinet doors, add to the kitchen’s contemporary functionality. The 7-inch wide plank Madera hardwood flooring throughout the home adds warmth and sophistication. The north-facing bedroom wing features a lavish primary suite with three oversized windows, two seating areas, a large walk-in closet, and a luxurious bathroom complete with a dual-sink Robern vanity and radiant heat flooring. The additional two bedrooms are spacious and bright, offering ample closet space and access to elegantly appointed guest bathrooms with Robern fixtures and radiant heat flooring. A private laundry room with a Miele washer and dryer, as well as a dedicated trash and recycling room, provide added convenience. At 324 West 108th Street, historic preservation meets modern luxury. The 1898 building has been meticulously renovated to offer radiant-heated bathrooms, Madera white oak hardwood floors, and museum-quality recessed reveal bases. The building’s ten residences, including two exceptional penthouses, provide an unparalleled living experience. High ceilings and oversized tilt-and-turn windows with elegant black framing throughout the building create a perfect balance of modern and classic luxury, ensuring abundant natural light and energy efficiency. Residents benefit from an array of on-site amenities, including a fitness center, an advanced video intercom system with virtual doorman, mobile unlock, and facial recognition capabilities. Additional amenities include a secure package room, a private residential lounge with a warming kitchen that opens to a green garden, and a spectacular four-cornered roof deck with stunning Hudson River views. Each residence includes storage space. 324 West 108th Street offers a unique opportunity for buyers seeking a boutique, exclusive living experience in the heart of the Upper West Side. This refined conversion provides a serene retreat from the hustle and bustle of New York City. The building is ready for immediate occupancy. Viewings are by appointment only. The complete offering terms are available in an offering plan from the sponsor. Property Address: 324 W 108th Street, New York, NY 10025. Sponsor Name: W 108 Development LLC. Sponsor Address: 119 W 72nd St #401, New York, NY 10023. File No. CD22-0068. Equal Housing Opportunity.
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William Raveis Mortgage, LLC
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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 | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,026 | $25,283 | $33,754 |
Total Monthly Payment | $23,151 | $25,408 | $33,879 |
* 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.