Located in the prestigious Carnegie Hill neighborhood on Park Avenue, this elegant pre-war two-bedroom, two-bathroom apartment offers classic New York charm with modern amenities. Featuring high ceilings and large windows, the residence is bathed in natural light, highlighting the exquisite herringbone hardwood floors throughout. The spacious living and dining areas provide a perfect setting for both entertaining and relaxation. The living room is an inviting blend of elegance and warmth featuring a classic gas fireplace that exudes a cozy ambiance. Facing Park Avenue, with large windows offering stunning views of the tree-lined street below. The windowed kitchen is a chef’s delight, with ample counter space and storage. It has been tastefully renovated and features top-of-the-line appliances including a Sub-Zero refrigerator, a Viking gas range with a professional-grade hood, a Fisher & Paykel Dishwasher, and a Maytag Washer/Dryer. The dining room is designed to comfortably accommodate gatherings of up to 10 people. The room’s design is enhanced by hidden built-ins, seamlessly integrated into the walls, providing discreet storage. These built-ins are ideal for storing dinnerware, linens, etc… The bedrooms are generously proportioned, each with its own bathroom, great closet space, offering comfort and privacy. Built in 1924 and designed by J. E. R. Carpenter, 1060 Park Avenue, an elegant white glove building with old world charm, is located at 87th and Park Avenue, just two blocks from Central Park and in close proximity to the Metropolitan Museum, Guggenheim, Cooper Hewitt, excellent public transportation, as well as the best shops and both casual and fine dining options. The purchaser is responsible for the 2. 5% flip tax. The building permits pied-a-terres, 50% financing, and is pet friendly.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,648 | $11,526 | $15,311 |
Total Monthly Payment | $10,773 | $11,651 | $15,436 |
* 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.