PLEASE NOTE PHOTOS ARE VIRTUALLY STAGED
Welcome to 521 Park Ave, Unit 11B, an expansive 3-bedroom, 2-bathroom apartment that embodies the essence of luxurious urban living in the heart of Manhattan''''s prestigious Upper East Side. This unit is your canvas for creativity, offering vast potential to design a residence that reflects your personal style and taste.
As you enter, you''''ll be greeted by an abundance of natural light pouring in from large windows that stretch across the entire unit. The open layout creates a warm and inviting atmosphere, perfect for entertaining guests or enjoying quiet evenings at home. The spacious living area allows for versatile furniture arrangements, making it easy to adapt the space to your needs.
Step outside onto your stunning private balcony, where breathtaking views of Park Avenue await. Imagine sipping your morning coffee with the vibrant energy of the city unfolding before you, or unwinding after a long day while enjoying the picturesque scenery.
Located just minutes from Central Park, this apartment provides the perfect balance of urban living and nature''''s tranquility. Enjoy leisurely strolls or energetic runs in one of the city''''s most iconic parks, right at your doorstep.
Indulge in some of the best shopping experiences New York City has to offer, with flagship stores along Madison and Fifth Avenue just moments away. Explore renowned brands such as Gucci, Louis Vuitton, Chanel, and Prada, as well as iconic department stores like Saks Fifth Avenue and Bergdorf Goodman. Enjoy the allure of luxury boutiques and high-end fashion labels, along with popular retailers like Apple, Nike, and Tiffany & Co.
When it comes to dining, you''''ll have access to a plethora of world-class options. Savor exquisite Italian cuisine at Cipriani, or indulge in fresh seafood at Avra Madison. After a day of shopping or exploring, these culinary treasures provide the perfect setting for a memorable meal.
Commuting is a breeze with convenient access to public transit. The nearby subway lines (such as the 4, 5, and 6 trains at 59th Street) connect you easily to the rest of Manhattan, making it simple to explore all that this vibrant city has to offer.
This exceptional apartment presents a unique opportunity to create your dream home in one of the most coveted neighborhoods in New York City. Don''''t miss your chance to experience luxurious living at its finest at 521 Park Ave, Unit 11B-where your ideal urban sanctuary is just waiting to be realized.
Schedule a viewing today and start imagining the possibilities!
UNIT IS IN ESTATE CONDITION & NEEDS A COMPLETE RENOVATION.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
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 | $2,316,000 | $2,316,000 | $2,316,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,700 | $14,830 | $19,700 |
Total Monthly Payment | $13,825 | $14,955 | $19,825 |
* 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.