New York (Midtown East), NY, 10022 | $18,500,000

Residence 35B at 432 Park Avenue
Four Bedrooms / Four Baths / Library / Powder Room / 4, 003 sqft

Residence 35B at 432 Park Avenue is a half-floor residence featuring a perfect balance of scale, privacy, views, and design throughout.

Welcomed by a private elevator landing, this three-bedroom residence spans over 4, 000 sqft with soaring 12'6" ceilings throughout, perfectly framed by the iconic 10' x 10' windows synonymous with 432 Park Avenue.

This residence features beautiful views (North, South, West) featuring Central Park and the city skyline.

With interiors designed by Deborah Burke, a modern and elegant foyer leads to an expansive 29' 3 29' 3" living/dining room with Northern and Western exposures of Central Park and the skyline. Clean lines lead to a separate eat-in kitchen with a window-framed marble breakfast bar. The kitchen overlooks Central Park, finishes include custom white-lacquered millwork, marble floors, and countertops, an oak finished center island, with an appliance package by Miele. A separate service entrance directly leads to a private service corridor connecting this residence's northern and southern wings, allowing for maximum privacy.

A library/den is located off of the foyer with city views across Madison Avenue, followed by an impressive gallery that separates this residence's entertaining and private spaces into two private and separate wings.

The primary bedroom suite faces south and west with two en-suite baths, a dressing hall, and a spectacular sleeping area with corner exposures of the city. Both en-suite baths feature radiant heated marble floors, custom sinks, a deep soaking tub, and a marble shower with separate water closets.

Two additional bedrooms with en-suite baths and closets are located along the southern expanse of this residence.

Special building assessment of $15, 531. 77 per month is in place from 5/1/2022-4/30/2023

432 Park Avenue

Completed in 2012, 432 Park Avenue was designed by Rafael Vinoly and is located on Park Avenue between 56th and 57th Street and is one of the tallest residential towers in the western hemisphere, rising 1, 396 feet into the Manhattan skyline.

The residences at 432 Park Avenue are complemented by over 30, 000 sqft of professionally staffed amenities including a private marble-clad Porte-cochere entrance, lounge, 5, 000 sqft terrace, private restaurant, outdoor dining, 75-foot pool, fitness center, relaxation suite featuring a spa with sauna, steam, and massage therapy rooms, library curated by Assouline, billiards room, screening room, boardroom, playroom, and yoga studio.

In-suite dining/room service, concierge, 24-hour doorman, onsite parking garage, and valet services are available.

Please be aware that the Board announced that, for the balance of this year, there will be no assessment beyond the current assessment that expires April 30, 2023.

Features

  • Town: New York
  • Levels: 96
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Laundry: Building Other
  • Complex: 432 Park
  • Year Built: 2015
  • Common Charge: $12,565 Monthly
  • Approx Sq. Feet: 4,003
  • Est. Taxes: $85,944
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-33421749661
  • Days on Market: 964 days
  • Website: https://www.raveis.com
    /prop/RPLU-33421749661/432parkavenue_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group   Phone: (212) 355-3550

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NMLS Mortgage Loan Originator ID 1880936

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New York (Midtown East), NY, 10022

$18,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $14,800,000 $14,800,000 $14,800,000
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 $7,162 $7,162 $7,162
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $86,369 $93,546 $124,891
Total Monthly Payment $93,656 $100,833 $132,178

* 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.