Stunning Prewar Duplex Penthouse Overlooking Central Park
With sweeping views of Central Park and an approx. 300 sq. ft. terrace, this incomparable prewar 2 bedroom, 2 bathroom duplex penthouse is now offered for sale for the first time in the building's history.
The lower level of this stunning property features a gracious entrance foyer preceding a dramatic north-east corner exposure living room with direct park views. The large kitchen is open to the living room and features new quartz countertops, a breakfast bar and a window facing the park. A spacious west-facing bedroom with two substantial closets, a classic prewar windowed bath and a coat closet are also located on this floor.
A flight of stairs off the living room leads to the upper level of the penthouse. This floor features an incredible triple-exposure primary bedroom with a gas fireplace, 10 ft. ceilings, a wall of windows facing the park plus an en-suite windowed bath. Just off the primary bedroom is a spectacular approx. 300 sq. ft. east-facing terrace with sweeping views of Central Park and the city skyline
Additional features of the home include a new split-system central AC/heat, oak hardwood floors and beautiful original doors with the original hardware.
Built in 1900, 407 Central Park West is an established 7-story, 28-unit prewar cooperative with an elegant lobby, full-time resident manager, recently modernized elevator, bike room, central laundry room and private storage. The Central Park reservoir running track, Central Park tennis center, the North Meadow ball fields and recreation center (basketball and handball) are just across the street and the C, B trains are only two blocks away. The building allows up to 80% financing and pieds-a-terre on a case by case basis. Sorry, no dogs.
All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings should be verified by your own attorney, architect, or zoning expert. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission and change of price, rental, commission, prior sale, leasing, or withdrawal without notice.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,396,000 | $1,396,000 | $1,396,000 |
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 | $7,926 | $8,709 | $11,686 |
Total Monthly Payment | $8,051 | $8,834 | $11,811 |
* 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.