A rare opportunity to own one of the largest apartments on Park Avenue. A grand Upper East Side residence.
At well over approx. 3, 500 square feet, this expansive residence features four extra large bedrooms, each with its own en-suite bath, tall 10+ foot ceiling height, hardwood floors, massive windows, two wood burning fireplaces, original pre-war details and moldings, four exposures, a private elevator landing that opens directly to your foyer, forty feet of frontage on Park Avenue and fabulous views up the Avenue and west to the iconic Plaza Hotel.
Beyond the grandly sized bedrooms and baths, there is a large butler's pantry off the dining room, a windowed kitchen, separate breakfast room, generous den, full size laundry room, and a multitude of closets throughout the home.
470 Park Avenue is a full-service, white glove classic prewar building that was built in 1916 and designed by Schwartz & Gross. The attentive staff is extremely hand on, lead by a superb resident manager who lives in the building. Neighbors include some of New York's best shops and restaurants, including Bergdorf Goodman, Tiffany & Co, and The Plaza Hotel, with Central Park a moment away. Storage conveys with the apartment. The building permits 50% financing, foreign buyers, pied a terre ownership and is pet-friendly.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $0 | $0 | $0 |
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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.