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Located in one of Manhattan's most prestigious pre-war buildings, Unit 15E at 737 Park Avenue offers a spacious, 5-bedroom, 7. 5-bathroom corner residence, spanning approximately 4, 382 square feet. This property combines classic architecture with modern conveniences, creating a perfect balance of elegance and functionality.
Upon entering through the private elevator entrance, the foyer leads into a spacious living and dining area, featuring oversized windows that offer east-facing views. The living area's layout allows for flexible design options and offers an abundance of natural light. Adjacent is a windowed, eat-in kitchen equipped with Miele and Sub-Zero appliances, custom cabinetry, and marble countertops, providing ample workspace and storage.
The primary suite includes an expansive walk-in closet and two marble-clad bathrooms with double sinks, glass-enclosed showers, featuring a soaking tub. The master bath is uniquely designed with a thoughtful split layout, allowing for added privacy and convenience. Four additional bedrooms also feature en-suite bathrooms and generous closet space. Additional features include a powder room, a Bosch washer/dryer, central air conditioning, custom-made closets, furnishings, and hardwood flooring throughout.
Originally constructed in 1940, 737 Park Avenue is a 20-story building designed by architect Sylvan Bien. Known for its elegant pre-war architecture, the building underwent a full renovation and conversion to condominiums in 2013 by Macklowe Properties. The renovation preserved its Art Deco fa ade while updating the interiors with modern amenities.
Residents of 737 Park Avenue benefit from 24-hour doorman and concierge services, a fitness center, playroom, and private storage. The building also offers a garden lounge. Situated on the Upper East Side, it is close to Central Park, Museum Mile, and a wide array of dining and shopping options.
Unit 15E at 737 Park Avenue provides the opportunity to own a residence in a historically significant and well-maintained building, combining the charm of its 1940s origin with the comforts of modern living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,595,000
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 | $11,676,000 | $11,676,000 | $11,676,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.599% | 6.472% | 6.032% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $66,295 | $72,843 | $97,742 |
Total Monthly Payment | $66,420 | $72,968 | $97,867 |
* 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.