Introducing a prewar classic 7-room condo completely gutted with modern amenities between Madison and Park built in 1912. Unlike many turn-of-the-century apartment buildings, No. 40 East 62nd Street never faded. Since its conversion to a condominium in the 1980s, it retained its high-end reputation. The remarkable neo-Medieval façade has been continually maintained as has the interior of this boutique condominium. This luxurious 3-bedroom, 3-bathroom condo nestled mid-block, is a private half-floor spanning 2, 100 square feet capturing Open North, South, and East from the 8th floor of this distinguished condominium with full-time elevator man: a classic style of security and convenience from this architectural masterpiece. There are wide plank luxurious black hardwood oak floors throughout the home contrasted with white walls which create drama and sophistication and allow for any color to pop. The 31' large great room includes both living/dining with lots of built-ins, niches, and banquet seating that are set in front of exquisite windows facing a tree-line landmark block. The expansive windows that are shown in the photos provide an abundance of light in a charming style, the left bay window provides multiple exposures of light with elegance and grace. The dining features casement windows that have been completely upgraded for efficiency and soundproofing reflects the old-world charm and overlooks a landmark tree-lined block. All other windows are a large fixed pane of glass that is also energy-efficient and soundproofed. There are modern recessed and track lighting that create a luxurious ambiance and as seen by the floorplan and photography, plenty of wall space for the large art throughout the home including the long gallery that flows from the front to the back of the home. The residence comes with a Crestron system as well as four TVs. The home was tastefully designed with modern touches throughout and features high-end appliances, a laundry center, customized closets for the entire apartment, and several zones of AC assuring the conveniences of modern living. The primary bedroom has two exposures, south and east, and is a good-sized room with a king bed and end tables. The primary ensuite bathroom provides a spa-like retreat, featuring a double sink, a separate shower, a large pull-up medicine cabinet/mirror, and two sconces on either side as well as recessed lighting and water-efficient fixtures. The other two bedrooms have built-in shelving and desks, drawers, and beds along with custom closets. Presently blue color in one, pink color in the other both share a full bathroom with a shower tub combo and are fully renovated with a Duravit wall-hung water closet. A guest room or housekeeper’s room is good sized with its own bath and private entry from the hallway or service elevator and next to the laundry center. Owners’ renovation also includes radiant heated floors, creative built-ins, endless closets, complete upgrades of electricity and pipes, several zones of AC, and efficient modern windows throughout. Whether you are sitting at the breakfast nook with a cup of coffee, or hosting a large party gathering around the TV or fireplace, the bedrooms are tucked away for privacy to all. The chef's kitchen is a culinary haven, complete with premium counters, Miele and Subzero appliances, and great storage space. Don't miss the chance to experience the epitome of upscale city living. Next to the Browning School, near iconic institutions, a block from Central Park, a skip to all of the fine dining establishments surrounding the neighborhood as well as Madison Avenue chic haute couture shopping like the new Dolce & Gabbana and Van Cleef & Arpels opening across the street to Brioni and Bruno Cucinelli on the other corners by example. Perfect pied a terre or full-time living in this one-of-a-kind condo home. Schedule a viewing today and envision your new lifestyle at this remarkable Manhattan ad
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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 | $3,960,000 | $3,960,000 | $3,960,000 |
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 | $2,045 | $2,045 | $2,045 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,484 | $24,705 | $33,150 |
Total Monthly Payment | $24,654 | $26,875 | $35,320 |
* 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.