Experience the rare opportunity to own this gently lived-in, sun-drenched Classic 7 in the iconic El Dorado, offering sweeping Central Park and Reservoir views that captivate from every angle. With a few thoughtful upgrades, this residence will easily transform into a warm and inviting home. Featuring approximately 50 feet of frontage, the living room, primary, and second bedroom frame the park views with elegant steel casement windows. This spacious home includes three large bedrooms, a maid's room, four bathrooms, herringbone floors, and deep-set windows that fill each room with natural light.
A semi-private landing introduces you to the home's grand Emory Roth floor plan, which balances scale and proportion effortlessly. Step through a generous entrance gallery to access the oversized living and formal dining rooms, which showcase the distinctive art deco detailing of original plaster moldings. The formal layout adapts beautifully to various lifestyles, and with some updates, this residence has the potential to become a modern classic.
The western wing houses the main kitchen with a functional central island, ready to be refreshed for today's chef. The primary bedroom includes a walk-in closet and en-suite bathroom with a glass shower facing Central Park, while the second bedroom also offers an en-suite with park views. A cozy den/library off the foyer creates an ideal nook for reading or media.
The El Dorado offers premium white-glove services, including full-time doormen and hall staff, a concierge, an on-site super, and a dedicated management team. Amenities include a children's playroom, mini basketball court, gym, bike room, and garage access (subject to availability and fee). Pets are warmly welcomed, and a 6% flip tax paid by the seller applies on the profit. There is a monthly window assessment in effect in the amount of $213 and a monthly capital assessment in effect in the amount of $2, 729.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $4,560,000 | $4,560,000 | $4,560,000 |
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 | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,891 | $28,448 | $38,173 |
Total Monthly Payment | $26,016 | $28,573 | $38,298 |
* 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.