Rare Park Avenue Condominium Home; Second and Third Floor Prime Duplex with Private Outdoor Space.
Perfectly positioned to maximize western light on a prestigious Upper East Side block, this beautiful two (2) bedroom, two and a half (2. 5) bathroom home is turn-key ready, and the pinnacle of luxury.
Capitalizing on privacy with direct keyed elevator access, the residence opens into a spacious living room, replete with floor-to-ceiling windows overlooking an attractive treelined stretch of Park Avenue. With ceilings approximating 10 feet, the significant volume offers a grandness in living, scarcely found in comparable homes.
Elegant white oak flooring throughout elevates this contemporary property, with the quality entertaining room enhanced by a wonderful and substantial terrace off the open kitchen and dining area. Honed marble counter tops, tasteful cabinetry, SMEG appliances and a Subzero refrigerator ensure this space maximizes its form, and function.
The primary suite features hallmarks of opulence rarely found amongst older pre-war homes, including a private balcony overlooking Park Avenue treetops, large walk-in closet, and grand room proportions. Replete with a newly renovated marble bathroom, that includes a soaking tub and separate shower, this wing of the home is uncompromising for its category.
All accessed via a customized glass staircase, the duplex's upper floor provides the bedrooms with true separation and privacy. Capitalized by a split layout both bedrooms gain discretion, with the second benefiting from another private terrace, as well as the obligatory en-suite bathroom and large closet.
The home is equipped with advanced multi-zone central air, integrated smart home controls for lighting, sound and shades, with radiant heated flooring throughout. Inclusive of a marble powder room, ample storage, and a vented washer and dryer, the home is truly a caliber above the rest.
Located in a boutique limestone and glass facade building, 949 Park Avenue is the neighborhoods discreet gem. With only four residences total, each substantial home benefits from the 24-hour doorman and a level of service proportionally greater than other comparables.
The building's prime location offers easy access to world-class luxury shopping along Madison Avenue, Michelin caliber dining, and a variety of World renowned cultural sites, including The Metropolitan Museum of Art, Central Park and the Neue Gallery. With a Whole Foods and express subway (4 & 5) only a few blocks away, the home is exceptionally positioned and must see.
Please schedule your viewing today to understand more, and see this beautiful home in person.
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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 | $3,720,000 | $3,720,000 | $3,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,709 | $23,513 | $31,391 |
Total Monthly Payment | $21,834 | $23,638 | $31,516 |
* 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.