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550 Park Avenue, #10, New York (Upper East Side), NY, 10065 | $18,800,000
Nestled within the prestigious confines of 550 Park Avenue, this full-floor sanctuary effortlessly marries the quintessence of New York's bygone era with the pinnacle of modern luxury and design. Spanning an impressive 7, 000 square feet, this residence, meticulously reimagined by the renowned interior designer David Kleinberg, stands as a beacon of unparalleled perfection, offering panoramic views of the Manhattan skyline from every cardinal direction.
As you ascend in a private elevator landing, you are welcomed into a realm of exquisite elegance. The entrance unfolds into a grand, circular foyer, leading to an extraordinary gallery that serves as the backbone of this architectural marvel, designed for the display of fine art and the seamless flow between resplendent living spaces. The public areas form a grand sequence of rooms-each a testament to sophisticated living and impeccable taste. From the splendid proportions of the living room to the refined ambiance of the formal dining room, reception room, and library, each space is imbued with natural light and breathtaking views.
The heart of this home is the incredible eat-in chef's kitchen, a symphony of marble and stainless steel with state of the art appliances, flanked by a versatile wet bar, doubling as a butler's pantry. This culinary masterpiece is engineered for both grandiose entertaining and private moments, bridging elegance with functionality.
The private quarters of the residence unfold with the same grandeur and attention to detail. The primary bedroom, a lavish 38-foot retreat, boasts a fireplace and views across three exposures, anchored by two opulent dressing rooms and marble bathrooms, alongside a bespoke home gym-creating a secluded enclave of luxury.
The guest wing complements this sanctuary, offering spacious bedrooms, each with en-suite baths, ensuring privacy and comfort for guests and family alike.
Further enhancing this exquisite residence are four fireplaces, high ceilings, and an abundance of storage, alongside a spacious laundry room with an adjacent staff room suite, and a separate service entrance.
This residence is a testament to the grandiosity of Park Avenue living, offering a rare fusion of space, luxury, and panoramic beauty, all while encapsulating the very essence of an opulent New York lifestyle
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 17
- Amenities: Common Storage;
- Rooms: 15
- Bedrooms: 6
- Baths: 7 full / 1 half
- Year Built: 1917
- Pet Policy: Pets Allowed
- Washer / Dryer: Yes
- Building Access : Elevator
- Service Level: Full Time Doorman
- LobbyAttendant: No
- OLR#: RPLU5122898515
- Days on Market: 204 days
- Website: https://www.raveis.com
/prop/RPLU5122898515/550parkavenue_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 Douglas Elliman Real Estate - Park Plaza
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888.699.8876
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
550 Park Avenue, #10, New York (Upper East Side), NY, 10065
$18,800,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $15,040,000 | $15,040,000 | $15,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $80,738 | $88,967 | $123,889 |
| Total Monthly Payment | $80,863 | $89,092 | $124,014 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535