No expense has been spared in the meticulous and stunning design of Penthouse A, an eight-room apartment at 755 Park Avenue executed by the masterful Vicente Wolf, an Architectural Digest “AD 100” designer, where no stone was left unturned, or detail left overlooked. Upon entering the home, you will be immediately taken by the bright and gorgeous gallery. This inviting space provides easy access to the bedroom wing, library, living room and powder room. The breathtaking living room with 10’ ceilings and oversized windows flows naturally into a dining room that is made for entertaining. The open and windowed chef’s kitchen is outfitted with all top-of-the-line appliances including dual Miele dishwashers and a Viking range. The bedroom wing of the apartment facing Park Avenue provides the utmost privacy from the common areas of the home. Both rooms have en-suite baths and an abundance of storage space in the form of both traditional and walk-in closets. There is a staff room with a full bathroom conveniently located just off the kitchen at the service entrance to the apartment. This full-service white glove building has a fitness center, and the apartment has a wood-burning fireplace and storage room. 755 Park Avenue is a classic prewar building built in 1914 by W. L. Rouse in the Italian-Renaissance-palazzo-style and was converted to a cooperative in 1950. There are a total of 46 units across 12 floors.
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$5,950,000
William Raveis Real Estate
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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 | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,655 | $28,922 | $39,210 |
Total Monthly Payment | $26,780 | $29,047 | $39,335 |
* 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.