Nestled at the prestigious corner of Park Avenue and 57th Street, this gut-renovated 7-room, 3-4 bedroom, 3-bathroom apartment epitomizes luxury living. Exuding elegance and sophistication, this designer-finished home offers a seamless blend of timeless design and modern amenities. Upon entry, a grand foyer welcomes you into the expansive living space, adorned with herringbone wood floors. The open floor plan effortlessly transitions between the dining, living, and kitchen areas, creating an ideal environment for both intimate gatherings and lavish entertaining. The custom chef's kitchen is a culinary masterpiece, featuring top-of-the-line appliances including a Wolfe range and oven, Sub Zero Refrigerator, and wine fridge, complemented by ample storage space. The primary bedroom suite is a haven of tranquility, boasting an oversized layout, a luxurious en-suite bathroom with a vanity area, and abundant storage including two closets, one of which is a walk-in. Two additional full bathrooms, each with bathtubs, cater to the needs of family and guests. Two well-appointed bedrooms, separated from the primary suite, share an additional space perfect for an office or playroom. Alternatively, the spacious den can easily be converted into a fourth bedroom, offering versatility and flexibility to suit your lifestyle. Throughout the residence, the impeccable design is evident, with Philip Jefffreis and Winfield Thybony wallpaper lending a touch of refinement to every room. Custom Kravet blackout shades ensure privacy and comfort, while an oversized washer and dryer provide added convenience. The Dorchester epitomizes luxury living with its white-glove service, including a new fitness center, laundry room, and a discounted parking garage with internal access. A dedicated professional staff ensures a seamless living experience, while the prime location on 57th Street and Park Avenue affords easy access to Central Park and world-class dining options. The Dorchester will also be the home to a newly renovated and upscale restaurant just downstairs with Rocco’s Steakhouse opening soon.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,250,000
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 | $2,600,000 | $2,600,000 | $2,600,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,173 | $16,434 | $21,940 |
Total Monthly Payment | $15,298 | $16,559 | $22,065 |
* 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.