Located at 10 Park Avenue, a luxury doorman building in a former hotel, this enormous studio has the ability to comfortably accommodate a bed, home office, and a living and dining area. The space feels loft-like which allows for many design options. You enter the apartment to an open foyer, with a railing separating it from the sunken living area. You will immediately note the large sunny space with over-sized casement windows, high beamed ceilings and beautiful oak floors. To the left, is a separate room that is currently used as the bedroom but can be a home office or a large dressing room. The bathroom is off the bed/dressing room area and has been updated over the years but still has that pre-war charm. The single galley kitchen is entered through a door off the living area and it is windowed. If you need storage, there are three more closets with high ceilings and one is a walk-in. Built as a luxury hotel, 10 Park Avenue on Park Avenues Gold Coast boasts a stunning wood paneled lobby with a fireplace, a doorman and a 24 hour concierge. There is a live-in super. The building has storage available as well as a well-appointed laundry room. The most beautiful skyline views can be had on the common roof deck. With panoramic views of Manhattan, this stunning amenity comes with plenty of seating and a dining area that is canopied. The location on Park and 35th Street is close to a Whole Foods, Trader Joe's as well as the Grand Central Market. New York Sports Club and an Equinox Health Club are down the Street and there are numerous subways nearby. Come see this potential jewel and see the possibilities.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $372,000 | $372,000 | $372,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,475 | $2,444 | $3,137 |
Total Monthly Payment | $2,550 | $2,519 | $3,212 |
* 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.