New Price, New Opportunity for a Sought After Iconic Condo overlooking Madison Square Park
Offering close to a 1. 2M price adjustment for an ultra-luxurious reconfigured 3-bedroom, 2. 5 bath home overlooking the leafy canopy of picturesque Madison Square Park. This exquisite corner apartment boasts a grand entrance foyer and wide hallway which leads to a dramatic 35' great room with expansive windows that offer breathtaking park views and light all with 11'4" ceilings. Additionally there is a completely renovated chef's eat-in kitchen with a spacious dining area with double exposures. This is the ultimate in modern living.
This premier Fifth Avenue condominium home has been meticulously transformed over the course of a year plus and features the highest-quality finishes, a new top of the line kitchen, media room and home office. The living room, powder room and bathrooms are bathed with Tadelakt, a traditional Moroccan finish lends moderate texture to its surfaces and plays well with natural light making for a chic and unique finish. This apartment does not have the typical developer's finishes - expect exquisite Custom handmade mosaic tiles, fabulous new baths with top of the line fixtures and fittings. Additionally, there is a new totally upgraded reconfigured gourmet kitchen.
The spacious primary bedroom with its tranquil direct park view offers a generous walk-in closet and fabulous ensuite bath with separate tub and shower, enclosed WC, double sinks, radiant heated floors and heated towel racks. Providing the ultimate privacy, on the far opposite side of the apartment is an ultra chic guest bedroom with a new ensuite bath.
Additionally, there is a separate media room and home office which provide versatility and comfort while adding extra functionality to the home. Enjoy the convenience of an in-home washer and dryer and central air conditioning.
This apartment was previously configured as a 3 BR, 3. 5 Bath home and could easily be returned to the former plan by simply adding the bathroom back where the home office currently is situated
This sophisticated and grand apartment is situated in a highly sought-after pre-war condominium that provides full-service amenities, including a spacious gym, catering kitchen, residents lounge, screening room, golf simulator, children's playroom, and Board Room. 212 Fifth Avenue is the epitome of luxury living for the most discerning residents. Don't miss the opportunity to make this exceptional residence your new home.
Featured in Architectural Digest Interior Design: Aamir Khandwala Interior Design Photo credit: Jacob Snavely
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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 | $8,556,000 | $8,556,000 | $8,556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.648% | 6.472% | 6.032% |
Monthly Tax Payment | $5,309 | $5,309 | $5,309 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,253 | $53,378 | $71,624 |
Total Monthly Payment | $54,687 | $58,812 | $77,058 |
* 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.