New York (Upper East Side), NY, 10075 | $22,000,000

Elegant and rare full floor Pre-war Condo overlooking Central Park. Built in 1925 by one of the foremost grand architects of the prewar era, J. E. R Carpenter, this corner 4 bedroom, 5 and one-half bath residence has about fifty feet Central Park frontage, and seamlessly combines old world grandeur with all of today's modern-day conveniences.

The private elevator vestibule opens to a spacious gallery opening onto all of the entertaining rooms. The grand formal living room faces Central Park and the famed Metropolitan Museum fountains to the North. This spacious front living room has a fine wood-burning fireplace and opens to a cozy English pine paneled library to the east. Adjacent to the living room is a large formal dining room also facing Central Park, and perfectly suited for entertaining of any size. Off the dining room is a spacious Chef's kitchen with breakfast area and spacious butler's pantry. Through the pantry one can access a home office, and a guest room with full bath, as well as laundry. A beautifully appointed guest bath is also located off the gallery.

A corridor off the north end of the foyer leads to three bedrooms, affording maximum privacy. The corner, primary bedroom suite is located at the easternmost end, and also has a wood burning fireplace, two bathrooms and generous closet space throughout. The two additional bedrooms have en-suite baths, walk-in closets and lovely views over the tree-lined street. 988 is a white glove, pet friendly, condominium located in the epicenter of the Upper East Side. Each condominium is full floor, only 12 owners in the building, affording excellent service to every resident. Each apartment has a designated storage bin which transfers.

Features

  • Town: New York
  • Levels: 15
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 5 full / 1 half
  • Laundry: Building None,In Unit
  • Complex: 988 5Th Ave Condo
  • Year Built: 1925
  • Common Charge: $7,380 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $54,996
  • View: Park/Greenbelt
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-33422320592
  • Days on Market: 664 days
  • Website: https://www.raveis.com
    /prop/RPLU-33422320592/9885thavenue_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Upper East Side), NY, 10075

$22,000,000

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 $17,600,000 $17,600,000 $17,600,000
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 $4,583 $4,583 $4,583
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $102,709 $111,244 $148,519
Total Monthly Payment $107,417 $115,952 $153,227

* 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.