Welcome to 575 Park Avenue, where timeless elegance meets modern refinement in one of Manhattan's most coveted addresses, where the land lease has recently been extended for 100 years, ensuring long-term stability.
This meticulously reimagined ten-room residence by Gleicher Design combines timeless refinement with modern innovation, spanning approximately 3, 300 square feet of luxury and functionality. Located at the corner of East 63rd Street, just two blocks from Central Park, this luminous third-floor home offers a serene retreat with the perfect balance of elegance and practicality.
Designed for both entertaining and private living, the home features a sweeping 35-foot great room introduced by a marble-clad entrance gallery, four spacious bedrooms, a sophisticated private office, a sunlit media room with library elements, and a state-of-the-art kitchen. The primary suite enjoys its own private space at the front of the residence, while three additional bedrooms occupy a peaceful south-facing wing. Oversized double windows fill the home with natural light and frame picturesque views of a blossoming churchyard and leafy treetops.
Every detail has been carefully curated, from the solid white oak herringbone floors and white onyx window sills to Herm s silk wallcoverings and Christian Lacroix wallpaper. The chef's kitchen features custom white oak cabinetry, statuario marble countertops, an Ann Sacks silvered-aluminum backsplash, and Jerusalem Grey limestone flooring, along with top-tier Miele and Sub-Zero appliances, including a refrigerator, freezer drawers, warming drawer, and vacuum sealer. A discreet washer and dryer add convenience.
The tranquil primary suite boasts a dressing room, custom walk-in closet, and an en suite bath with radiant-heated marble floors and a walk-in shower. Three additional bathrooms, all outfitted with Dornbracht hardware and tiles by Porcelanosa or Ann Sacks, complement the additional bedrooms. The 28-foot media room, with its coffered ceiling, built-in bookcases, and large-screen television, is an inviting space for relaxation.
Modern comforts abound, with Savant smart technology controlling multi-zone air conditioning, humidification, and lighting. Motorized window shades are seamlessly managed via the Savant app. A private storage cage is included with the apartment.
Residents of this distinguished pre-war building enjoy premium services, including European-style daily housekeeping, concierge and valet services, a live-in superintendent, and 24-hour doorman security. The building also features a fitness center and private storage locker.
Pied-Ã -terres are permitted, and the co-op allows up to 50% financing. A 4% Flip Tax is payable by the purchaser.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,750,000
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 | $3,800,000 | $3,800,000 | $3,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,279 | $23,089 | $31,302 |
Total Monthly Payment | $21,404 | $23,214 | $31,427 |
* 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.