Rarely available for purchase on Park Avenue at such an ideal location!
Incredible Park Avenue apartment epitomizing prewar grandeur, chic two-bedroom plus staff room, two-bathroom. Get your architect ready to work.
One enters the home from a semi-private landing shared with only one neighbor into a gracious entrance gallery that invites you inside this elegant home to find hardwood floors, soaring ceilings, and beautiful millwork throughout. The luxuriously corner living/dining room impresses with two large west-facing windows overlooking Park Avenue and historic St. Ignatius Church, and two more windows facing north. The generous footprint accommodates multiple seating and entertaining areas while the wood-burning fireplace adds a stunning focal point to the room. The windowed eat-in kitchen features lots of storage space including a butler’s pantry, a service entrance off the kitchen, a storage room on the floor next to the service entrance, a second XX large storage room #18 in the basement, service elevator, staff quarters, and a washer & dryer adds further convenience.
The sumptuous primary bedroom suite faces west onto Park Avenue and has a fabulous walk-in closet, additional 2nd closet and a windowed en-suite bathroom. The spacious second bedroom -Seating -library room features a sizable walk-in closet and an en-suite windowed bathroom.
Built in 1928, 1001 Park Avenue, located on the southeast corner of East 84th Street, is a handsome brick and stone white-glove cooperative in a simplified Colonial Revival style. With just 2 apartments per floor, residents enjoy full-time doorman service, resident manager, and private storage. Pets allow with approval, 50% financing. 2% flip tax payable by the purchaser. Quarterly assessment of $1, 739. 90 in place for various capital improvements.
From this glorious Upper East Side location, you’re just two blocks from the splendor of Central Park and famed Museum Mile. Enjoy world-class shopping and dining along Madison Avenue. Access to transportation is effortless with 4/5/6 trains at 86th Street, crosstown bus on 86th street as well ample bus service, on Lexington and 5th Avenue, and Citi-Bikes nearby.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,350,000
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 | $1,880,000 | $1,880,000 | $1,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,822 | $11,729 | $15,738 |
Total Monthly Payment | $10,947 | $11,854 | $15,863 |
* 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.