Enter an oasis of tranquility as you pass through stately wrought iron gates into the landscaped cobblestone courtyard of prestigious River House, the iconic 1931 Bottomley, Wagner & White Art Deco masterpiece set directly on the East River. Silvered Art Deco doors lead to the lobby that is a living museum of period finishes. Apartment 14G is reached by a paneled elevator that delivers you to a stylish private landing which opens onto an oversized entry gallery with direct views through the living and dining rooms to the East River. Leaded glass door detail, handsome lighting and black and white marble floors set the tone for this beautifully designed triple-mint 4, 800 square foot apartment that reflects a modern take on the traditional aesthetic and benefits from nearly 400 square feet of outdoor space. The gallery offers access to living room, dining room, garden room, powder room, bar and the bedroom hallway. The warmly glowing living room has stunning views of the Williamsburg, Brooklyn and Queensboro Bridges as well as access to a terrace that runs for 150 feet around the apartment. The iconic Pepsi-Cola sign and the lights on the bridges are arresting jewel-like illuminations in the nighttime skyline. The large living room has several seating areas arrayed around a beautiful marble wood-burning fireplace set into a wall of museum quality boisserie. The adjacent large formal dining room can be closed off from the living room and the gallery with substantial lead-mullioned pocket doors. It has East River views and another beautiful wood-burning fireplace. The pantry, kitchen, breakfast room and garden room run enfilade from west to east with lovely city views and a line of sight through to the cozy breakfast terrace beyond the garden room overlooking the East River. This area is ideally suited to a modern lifestyle providing adjacent spaces in which to cook, dine and relax. It has been flexibly designed with pocket doors that permit the garden room with its beautiful hand-painted murals to be separated from the breakfast room and kitchen and used as part of the apartment’s extensive entertaining space. Just off the entrance gallery to the west are a small, handsome bar and a large powder room. The bedroom hallway extends to the west off the entrance gallery and offers access to the primary bedroom suite through a beautifully-designed entry foyer. The flexible layout of the apartment provides access from both the living room and the primary suite to a warm mahogany paneled library with south-facing river views. The extensive primary suite includes abundant closets and two beautifully appointed bathrooms. The private living space of the apartment also includes three further bedrooms with en suite bathrooms as well as a large den/home office and a laundry room. River House offers a large storage room for each apartment. There are extremely helpful doormen, a team of handymen and first-rate building management. There is mail delivery to the apartment, cold storage, a nearby garage and a variety of other amenities. The beautifully planted motor courtyard offers comfortable drop-off and pick-up. The gardens behind the lobby’s concierge desk are available for shareholder use as are the planted gardens one level below the lobby level. The newly completed nearby East Side Esplanade permits leafy, accessible walking and bicycle paths up and down the East River. The River Club is located on the ground level of River House with a separate entrance off 52nd Street. Shareholders are warmly invited to apply for membership. The Club’s extensive amenities include dining facilities, guest rooms, a swimming pool, squash and tennis courts, a golf simulator and handsome bars, living rooms, ballroom and library. Internal access exists between the Club and River House. Pieds-a-terre, 50% financing and pets are permitted. 3% flip tax and no current assessments.
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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 | $7,000,000 | $7,000,000 | $7,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $40,850 | $44,822 | $59,544 |
Total Monthly Payment | $40,975 | $44,947 | $59,669 |
* 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.