Enjoy truly gracious living in one of New York's most coveted addresses, 502 Park Avenue. Once the home of the famed Hotel Delmonico, 502 was converted into modern luxury condominium apartments with an eye to retaining all the grace and charm of classic pre-war residences of the 1920's. This spacious one bedroom, one bath unit is ideal for the discerning tenant. 14H Features hand inlaid herringbone floors, a chefs kitchen with top of the line appliances, large windows and a walk in closet.
Situated on Park Avenue, one of the most famed strips of real estate in the world and conveniently located at the cusp where midtown meets the Upper East Side. Residents are only 2 blocks from Central Park, minutes from the offices of midtown and moments away from some of New York's finest restaurants, shopping and cultural destinations.
As a resident, you are pampered with unrivaled white glove service from a very attentive staff including 24 hour doormen, and full concierge service along with available housekeeping and Valet services.
Building amenities include a large state of the art fitness center and a live in resident manager.
Broker to broker notes: Kindly contact Listing Agent for information regarding co-brokerage and showing details.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $4,400 | $4,400 | $4,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $27 | $27 | $35 |
Total Monthly Payment | $102 | $102 | $110 |
* 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.