This is a rare and extraordinary opportunity to own a Pre-war Classic 6 Condominium apartment on Park Avenue. This is a sought after 6th floor home with West facing large windows flooded with light overlooking prestigious Park Avenue.
As you enter the apartment you are greeted by an impressive 21 foot long gallery which leads to the side by side living-room and formal dinning room. The two rooms are separated by elegant glass-pane French doors. The expansive space would make a perfect setting for large group entertaining. The living-room which is centered around a beautiful decorative fireplace, boasts large windows over looking Park Avenue, has lovely original pre-war details such as hard wood floors and 9' high beamed ceilings.
The separate bedroom wing is reached by a long hallway, lined by several closets including a ceder closet. This layout creates an ideal separation between public and private spaces. There are two generously sized bedrooms across the hall from each other. The primary bedroom has extensive brand new built in storage, a large walk -in closet as well as an en-suite, brand new luxurious bathroom, featuring high end finishes, custom made vanity and cabinets, walk in stall shower. The second renovated full bathroom is accessed through the second bedroom as well as through the hallway
The apartment is currently configured as a two bedroom plus an office, which was formerly the staff room, but can easily become a third bedroom with it's own private bathroom.
The apartment has recently undergone a partial renovation: brand new kitchen with custom made cabinetry, Corzite Taj Mahal countertops and all stainless steel appliances. A brand new primary bathroom and extensive storage in the primary bedroom. The floors have been refinished as well as a full paint job throughout.
1235 Park Condominium is a coveted address and one of the very few Pre-war condominiums on Park Avenue. Perfectly located in the Carnegie Hill neighborhood, 1235 Park Avenue is just blocks from some of Manhattans' best schools, Central Park, Museum mile, Mt. Sinai Medial Center, the 92nd Street Y, excellent restaurants and shops. It is easily accessible to major subway and bus lines as well as the FDR.
1235 Park Condominium is a full service, well maintained an well staffed building. Amenities include full-time doorman, live-in Superintendent, laundry room, bicycle and private storage. Pets are allowed with board approval.
A 1. 75% of sale price, transfer tax is paid by seller
Note; the taxes listed are for primary residents only.
There are two ongoing additional charges per month $488. 08-Capital Contribution, $298. 27-Reserve fund contribution
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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 | $1,960,000 | $1,960,000 | $1,960,000 |
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 | $11,283 | $12,389 | $16,540 |
Total Monthly Payment | $11,408 | $12,514 | $16,665 |
* 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.