This grand and sophisticated duplex residence is located in the esteemed Rosario Candela-designed building at 770 Park Avenue in the heart of the Upper East Side. The apartment boasts a gracious layout with superb prewar details throughout. The entertaining rooms and three of the four bedrooms have an eastern exposure overlooking Park Avenue. Upon entering, you are greeted by an impressive entrance gallery with a sweeping curved staircase. The dramatic 30-foot living room with a wood-burning fireplace is sun-flooded through floor-to-ceiling windows with Juliet balconies. It is adjacent to the library with its own wood-burning fireplace and handsome built-in bookcases. The beautifully proportioned corner formal dining room is ideal for entertaining. The windowed gourmet eat-in kitchen offers custom cabinetry, ample countertops, two Subzero refrigerators, Viking 6-burner range, an additional oven, two sinks, two dishwashers and an icemaker. A staff room with full bath is conveniently located off the kitchen, as is a windowed laundry room that leads to the secondary staircase.
The upper level houses four bedrooms, including the sun-filled corner primary bedroom which features two large closets, a decorative fireplace and a spacious windowed ensuite bath. The secondary bedrooms are all generously proportioned with large ensuite baths and abundant closet space. There is also an office and second staff room with full bath on this floor.
Additional features of this residence include dentil or acanthus moldings distinctive to each of the public rooms, herringbone floors, through the wall air-conditioning, a powder room and ample storage throughout. A separate staff room located on the third floor of the building is included in the sale.
Built in 1930, 770 Park Avenue is a prestigious white-glove cooperative that is comprised of 42 residential units. The building is fully staffed with full-time doormen and a live-in resident manager. Additional amenities include a fitness center, laundry room, private storage and wine storage. Renovations are permitted between May 15th through September 15th. The building does not permit financing and there is a 3% flip tax payable by the purchaser. Pets and pied-a-terres are permitted with board approval.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$12,995,000
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 | $10,396,000 | $10,396,000 | $10,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.648% | 6.472% | 6.032% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $59,845 | $64,858 | $87,027 |
Total Monthly Payment | $59,970 | $64,983 | $87,152 |
* 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.