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480 Park Avenue, #10E, New York (Midtown East), NY, 10022 | $1,900,000
Prime Park Avenue offering in top prewar white-glove coop.
Sophisticated 2 bedroom, 2. 5 bath residence featuring oversized rooms, 10' ceilings, grand room scale, and excellent flow. The home consists of a beautifully proportioned, sun-filled South facing living room w/ wood burning fireplace and original mantel; luxurious primary bedroom suite with generous dressing room, walk-in & cedar closets and updated, windowed en-suite stone bath; a large 2nd bedroom/library complete with built-ins and en-suite bath. The generous entrance gallery/dining room gives flexibility and graceful entry. A delightful newly renovated, windowed kitchen with pantry, bar and laundry room with vented WD, and half bath complete the residence. The E line apartment offers superb scale, commanding nearly 2, 000 square feet with 10' ceilings throughout. Multiple generous closets and classic prewar details throughout.
480 Park Avenue is a premier cooperative residence designed by Emery Roth and is known for having one of the grandest lobbies in NYC. The building offers its residents the highest level of service including 24- hour doorman, concierge service, resident manager, fitness room, and landscaped roof deck. Pied a terre buyers are welcome and pets are considered on a case by case basis. Max 50% financing allowed. 2% flip tax, by purchaser. Storage space is available through the building at no additional cost. Electricity is included in the low monthly maintenance charge.
No weekend or evening showings.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 21
- Amenities: Bike Room; Fitness Room; Laundry Room; Roof Deck; Private Storage;
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full / 1 half
- Year Built: 1929
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Washer / Dryer: Yes
- Building Access : Elevator
- Service Level: Full Service
- OLR#: RPLU5123206929
- Days on Market: 52 days
- Website: https://www.raveis.com
/prop/RPLU5123206929/480parkavenue_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 Douglas Elliman Real Estate
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
480 Park Avenue, #10E, New York (Midtown East), NY, 10022
$1,900,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,520,000 | $1,520,000 | $1,520,000 |
| 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 | $8,630 | $9,483 | $12,724 |
| Total Monthly Payment | $8,755 | $9,608 | $12,849 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535