520 Park Avenue, #18, New York (Lenox Hill), NY, 10022 | $16,750,000

The embodiment of distinguished Upper East Side elegance, this incredible full floor, four bedroom, five and a half bathroom home was impeccably designed and masterfully executed by renowned architect R. M. Stern. Boasting exceptional custom finishes and fixtures, no detail has been left unconsidered, nor expense spared in this sprawling 4, 613 sq. ft residence. Stepping off the key-fobbed elevator into a private foyer, you are welcomed into the contemporary, stylish gallery. Natural light floods the expansive dining room through massive floor-to-ceiling windows and under soaring 11-foot ceilings. The adjacent living room looks east and south with sweeping city views through huge bay windows and is crowned by a bespoke media cabinet framed in ebony marble and sueded paneling. Sunlight floods the custom, eat-in Christopher Peacock-designed chef’s kitchen, which boasts a large Calacatta marble-topped kitchen island and a custom-built breakfast banquette, as well as the finest appliances from SubZero, Wolf and Miele and features marble-topped counters, a separate wet bar and two walk-in pantries. Select cut walnut-stained oak herringbone flooring underfoot and a chic, gilded powder room with marble inlay round out the offerings of the common spaces. Sitting in the separate north wing, the handsome and intimate palatial primary bedroom suite features floor to ceiling windows facing north and east, in addition to customized, discreet closets, a walk-in closet, and two marble-clad ensuite bathrooms - one with a soaking tub and separate glassed-in shower, and the other with an oversized rain shower. Two more light-filled bedrooms feature en suite bathrooms and ample storage space . A plush, large fourth bedroom with customized Burled Walnut shelving and an en suite bathroom sits off of the living room and can easily be used as an office. Creston AV and Lutron lighting is wired throughout the home, and a laundry room with Electrolux washer/dryer sits tucked along the corridor of the bedroom suites. 520 Park Avenue is a full-service boutique condominium with a 24-hour doorman, and 35 private, full-floor residences. Amenities include a swimming pool, bike room, storage, and a fitness center. Presented by Zeckendorf Developments, the creators of 15 Central Park West, it is a breathtaking limestone condominium designed by Robert A. M. Stern. 520 Park Avenue is located at 60th Street between Park and Madison Avenues - an ideal location to access the charming, iconic Upper East Side and the prestigious Plaza District. A storage unit is included in this sale.

Features

  • Town: New York
  • Levels: 54
  • Rooms: 13
  • Bedrooms: 4
  • Baths: 5 full / 1 half
  • Lot Size: 60.0 x 100.42
  • Laundry: Common On Floor,Common Area,Laundry Room
  • Year Built: 2015
  • Common Charge: $7,427 Monthly
  • Approx Sq. Feet: 4,613
  • Est. Taxes: $193,572
  • View: City
  • Pet Policy: Building Yes,Yes
  • MLS#: PRCH-7856101
  • Days on Market: 301 days
  • Website: https://www.raveis.com
    /prop/PRCH-7856101/520parkavenue_newyork_ny?source=qrflyer
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Listing courtesy of Modlin Group LLC   Phone: (212) 974-0740

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NMLS Mortgage Loan Originator ID 1880936

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520 Park Avenue, #18, New York (Lenox Hill), NY, 10022

$16,750,000

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 $13,400,000 $13,400,000 $13,400,000
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 $16,131 $16,131 $16,131
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $78,199 $84,697 $113,077
Total Monthly Payment $94,455 $100,953 $129,333

* 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.