Rare opportunity to own a triplex apartment in the upper tier of the GALLERIA CONDOMINUIM just east of Park Avenue on Billionaire's row at 117 East 57th Street. The apartment is located on the 49th, 50th and 51st floors with recessed terraces on each floor. . Cleverly divided whereas the public rooms are in the middle of the 3 floors the private spaces, bedrooms, office and den are just 1 flight up or down!
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The 50th Floor entrance leads to a large foyer with sculpture like staircase and an introduction to the main public space, dining room, a double living room and the modern, fully equipped, euro style eat-in kitchen facing North. The LR has a fireplace and a lovely corner, recessed balcony with mesmerizing views to the North and East offering a spectacular ambience to entertain or just relax.
The 51st floor level is comprised of a private office, large corner den and a double sized main bedroom. Off the bedroom, there is a very large marble bathroom and room sized, matching walk-in dressing rooms and closets. Another recessed, corner terrace is conveniently located off the den.
The 49th floor level consists of 3 master bedrooms, a staff room or gym with full bath and a complete laundry room. There are 2 more full baths on this level and a recessed terrace as well.
The apartment is in excellent condition with spectacular views and large, double pain windows throughout. All rooms have individually controlled, in wall AC units allowing for cooling year round if needed. Each floor has an entrance to the public corridor and is serviced by the main building elevators.
The GALLERIA is a full service condominium with concierge, doorman and an elevator attendant on the lobby floor. The building has a gym and a most spectacular common room with extensive outdoor space on the 54th Floor with dramatic views in all directions. The room is quite large and handsomely decorated with a working fireplace and full kitchen. Open for the use of the residents, the room can be reserved in advance for private parties for which there is a charge.
The building is perfectly located in the heart of Manhattan offering easy access to all parts of the city.
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William Raveis Mortgage, LLC
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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 | $9,196,000 | $9,196,000 | $9,196,000 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $53,665 | $58,125 | $77,601 |
Total Monthly Payment | $53,790 | $58,250 | $77,726 |
* 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.