This impressive home, Residence 7E at 14 E 75th St, a prestigious boutique coop with incredibly low maintenance, is a slice of Paris in a prime UES location. Situated between Fifth and Madison Avenues in the mid 70's and only one block away from Central Park, 7E is a rare opportunity to experience NYC living at its best.
A semi-private elevator landing leads to a beautifully proportioned two-bedroom, three-bathroom home which has been meticulously maintained. Pre-war detail abounds, with soaring ceilings, tall mullioned windows, gorgeous hardwood floors, immaculate moldings, and custom built-ins throughout.
Once within the spacious Formal Entrance Gallery, your eyes will immediately be drawn to the impressive double-height living room with 16' beamed ceilings one level below. It is accessible by a beautiful wrought iron staircase and overlooked by twelve dramatic casement windows, which contribute to its grand ambiance. A marble, wood-burning fireplace a centerpiece within the room, is flanked by elegant built-in bookcases,
On the main level near the Entrance Gallery, French doors lead to a Dining Room of impressive scale which is complemented by custom built-ins and a window seat. It can serve as a Formal Dining room which comfortably seats 14 guests, or could have multiple purposes in addition to dining, such as a library with media component. The possibilities given the amount of space and location of this room within the floorplan, are endless with consideration of individual needs.
A butler's pantry leads to the windowed eat-in kitchen with an abundance of counter and storage space, two dishwashers and a separate laundry closet with a vented washer/ dryer. A wall separating the former staff suite has been removed, allowing space for an informal dining area or home office. A windowed full bath is also located off the kitchen.
The two king-sized bedrooms with en-suite windowed baths are located in a private separate wing of the home. A tranquil, corner primary bedroom with West and South tree lined exposures, is a lovely, quiet oasis which exudes a European type of ambiance. It has four oversize windows, three custom closets, thoughtfully located built-ins, and a charming window seat overlooking townhouse gardens below. A corridor lined with built-in closets leads to the secondary king-sized bedroom suite, which has a walk-in closet and windowed full bath.
Designed by George F. Pelham and built in 1929, 14 East 75th Street is a boutique, 12-story cooperative, consisting of 51 units, one of the most distinguished buildings on the Upper East Side. Residents enjoy white-glove service: full-time doorman, concierge, live-in resident manager, laundry room, bike room and a recently updated fitness center. A storage bin transfers with the purchase.
Shareholders enjoy incredibly low monthly maintenance due to the building benefiting from the ownership of shops along Madison Avenue. Conveniently located less than a block from Central Park, Museum Mile, The Mark Hotel, Carlyle Hotel, art galleries, coffee shops, boutique shopping, and fine dining. Pied-a-terre and pet friendly with approval. The Flip Tax is 2% Paid by the Seller.
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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 | $3,600,000 | $3,600,000 | $3,600,000 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,009 | $22,754 | $30,379 |
Total Monthly Payment | $21,134 | $22,879 | $30,504 |
* 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.