Perched on the twelfth floor of a prewar Art Deco condominium lies Residence 12C. Perfectly situated in the heart of the Upper East Side between Madison and Park Avenue just one block from Central Park, this open and airy one-plus bedroom, one-and-a-half bathroom boasts an oversized landscaped terrace spanning the length of the apartment.
The whimsical gut renovation was meticulously constructed by Heidi James of Studio LXIV. Each room feels like a separate peaceful escape, yet the footprint flows nicely just like the soft light coming from the five north facing windows overlooking the glorious terrace. Through the double French doors at almost 400 square feet, a terrace like this is not only unique to the building but is also rare in this desirable location. Completely private and designed by landscape artist, Ron Canal this feels like your own secret garden.
Upon entry one feels the playfulness of the apartment by immediately being greeted in the foyer with checkered tile floors and textured wallpaper by Elizabeth Dow. The intricate grid-like pattern of the coffered ceilings throughout the apartment offers a luxurious and grand feel that mimics the pattern-filled interiors. The living room features bespoke millwork, a custom designed built-in banquette from Fallou Workroom, and framed green Chinoiserie wallpaper by Gracie Studio.
The primary bedroom with views onto the terrace is layered with texture from the Lee Jofa wallpaper and Stark velvet curtains. A closet lined dressing room, a separate oversized closet, and en-suite marble bathroom with dual sinks and radiant heated floors complete the space. The office or second bedroom overlooks the garden from two oversized windows and is complete with a built-in desk and bookshelves.
An open kitchen allows for easy entertainment and features a pink backsplash with tiles from the Kersie/Colibri collection, a powder blue Viking Range, a ceramic farm sink and a breakfast bar.
The powder room is adorned with fuchsia Osborne & Little wallpaper. A vented washer/dryer and central A/C complete the space.
40 E. 61st Street is a rare boutique full-service prewar condominium with a live-in Resident Manager, full-time doorman, storage room, and extra laundry facilities. Located between Park and Madison you are a stone throws away from the best boutiques and world-famous dining. Centrally located with effortless transportation options nearby.
Capital assessment of $557. 50 through December 31st, 2024.
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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 | $2,636,000 | $2,636,000 | $2,636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,967 | $16,230 | $21,890 |
Total Monthly Payment | $15,092 | $16,355 | $22,015 |
* 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.