565 Park Avenue, #4W, New York (Upper East Side), NY, 10065 | $3,995,000

Classic Prewar Gem with 4 Rooms Facing Park Avenue

Welcome to this elegant and bright classic 7 room home ideally located in a distinguished full-service prewar Cooperative on Park Avenue between 62nd and 63rd Street. Originally a classic 8, the layout of this stunning home, 3 bedroom/3bathroom plus staff room, is currently configured as a 2 bedroom plus library, and home office. This charming apartment is in excellent move-in condition with 4 major rooms facing west directly overlooking Park Avenue. Prewar details include high ceilings, classic moldings, oversized windows, and parquet oak hardwood floors in excellent condition. There are generous closets and storage space throughout.

The semi-private elevator landing opens onto an entrance foyer leading to the living room and separates the living area from the private bedroom quarters.

The 22ft living room with decorative fireplace leads to the spacious formal dining room on one side and to the wood paneled library on the other side. The living room, library, and formal dining room all directly face Park Avenue, as does the primary bedroom.

The wood paneled library can be brought back to its originally configured bedroom, which is currently accessible through the bedroom wing corridor. The spacious formal dining room has two entrances, one leading into the living room and a separate entrance leading into the kitchen which can be accessed from the butler's pantry. In addition, off the butler's pantry there is a staff room/office with full en-suite bath. The large windowed eat-in-kitchen with separate dining area includes a vented washer/dryer.

The bedroom wing has a corridor accessing all 3 bedrooms and 2 full baths in excellent condition. The spacious primary bedroom overlooking Park Avenue has an en-suite windowed bath and a wall of closets. The second bedroom (which can be entered from the bedroom wing) is currently the existing library. The bedroom wing also includes an additional bedroom and a separate windowed bath.

565 Park Avenue is a prime full-service luxury Prewar Cooperative constructed in 1912 and designed by well-known architect Robert T. Lyons for distinguished developers Bing and Bing. This intimate Cooperative has only 28 apartments and 13 stories with 2 apartments per floor. Building amenities include a full-time 24-hr service and live-in resident manager. The building is pet friendly and allows pieds-a-terre. In addition, there is a bicycle room, laundry room, and private storage locker which transfers with the apartment. There is a 2% flip tax paid by the purchaser. The building is close by Central Park, and conveniently accessible to fine restaurants, excellent designer-boutique shopping, and public transportation.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 14
  • Amenities: Laundry Room; Private Storage;
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Year Built: 1912
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • OLR#: RPLU798322177726
  • Days on Market: 805 days
  • Website: https://www.raveis.com
    /prop/RPLU798322177726/565parkavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Berkshire Hathaway HomeServices New York Properties

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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565 Park Avenue, #4W, New York (Upper East Side), NY, 10065

$3,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $3,196,000 $3,196,000 $3,196,000
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 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,147 $19,939 $26,754
Total Monthly Payment $18,272 $20,064 $26,879

* 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.