Welcome home to residence 9B at renowned 875 Park Avenue. From the moment you enter the front door, you will be blown away by the sheer proportions of this loft-like home. This sun-flooded corner apartment features quintessential Western Park Avenue-facing views, 9'10 ceilings, beautiful hardwood flooring, and 10 windows throughout. Upon entering the home, you are greeted by a large and impressive gallery. The gallery leads into a magnificently proportioned great room with abundant light, and easily accommodates living and dining. The bespoke pre-war detailing makes this home one of a kind. Residence 9B offers the opportunity to customize and accommodate a wide array of living needs.
The large, cornered primary bedroom suite offers privacy and space with an ensuite bathroom and a separate sitting area / library. A separate storage bin completes this Park Avenue classic prewar residence. Shareholders at 875 Park Avenue enjoy a meticulous level of service, security and privacy and may enjoy a full gym with brand new equipment was recently renovated. Pets and pied a terre are welcomed.
Ideally located at the southeast corner of Park Avenue and East 78th Street, this beautiful prewar cooperative was designed by George and Edward Blum, known for their expertly crafted limestone and brick facades. 875 Park Avenue residences are know for their superb scale, high ceilings and oversized windows.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,604 | $14,753 | $19,897 |
Total Monthly Payment | $13,729 | $14,878 | $20,022 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.