Spectacular 4-room 11th floor aerie in the legendary Sherry-Netherland Hotel on Fifth Avenue boasting expansive vistas of the city skyline and Central Park. This home recently underwent a 2-year meticulous renovation, complete with new windows, central air, audio/visual and lighting systems, custom millwork, etc.
The elegant entertaining rooms, centering on a lovely marble Gallery, include a wonderful sun drenched 33ft long living/dining room overlooking Central Park and Wollman Rink. A spacious library with handsome custom-woodwork that can double as an additional bedroom shares the same breathtaking views. Adjacent there is a powder room with a hidden shower (making the library an en-suite guest bedroom), a chic and well-appointed wet bar and a pristine fully equipped windowed kitchen with top of the line appliances. The large and gracious primary bedroom features two large closets and a luxurious five fixture marble bath. Additionally, plenty of storage space can be found throughout the apartment. A complete laundry room with sink is conveniently located in the apartment. State of-the-art lighting and audio/visual systems further distinguish this impeccable apartment.
Services and amenities offered by the white glove prewar cooperative hotel include a concierge, housekeeping, Cipriani room service, a gym and a hair salon.
There is a current assessment in place of $1, 891. 19/month through 9/2027.
Financing is allowed up to 50% and 2% flip tax paid by the purchaser.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,495,000
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 | $3,596,000 | $3,596,000 | $3,596,000 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,985 | $22,729 | $30,345 |
Total Monthly Payment | $21,110 | $22,854 | $30,470 |
* 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.