650 Park Avenue, #16D, New York (Upper East Side), NY, 10065 | $2,700,000

This 16th floor corner home is perched high above Park Avenue. But what sets 16-D apart, are the unusually high 9. 9ft ceilings which present dazzling light and entirely open exposures overlooking the iconic Park Avenue Armory and exquisite architecture that make Park Avenue so truly glamorous. The gracious entry foyer seamlessly offers four oversized closets and welcomes you into the wide-open corner living and dining room. The eat in kitchen has a large window affording ample light and views, while offering direct access through both the grand entry foyer or the dining room, which creates wonderful flow for both entertaining and daily living. There is a dramatic marble powder room between the foyer and bedroom area. Both bedrooms are bathed with a northern exposure overlooking the unmistakable architecture that creates the magic of the Upper Eastside. The second bedroom is currently used as a den and home office and has architecturally designed hardwood cabinetry and built-ins, a richly detailed silver-leafed ceiling and an ensuite marble clad windowed bathroom. The capacious primary suite is very generous in size and includes a dressing room with a floor to ceiling wall of mirrored closet doors, leading to the beautifully renovated bathroom with a deep soaking tub and lots of storage space in the custom made vanity and cabinets. This is a truly fine offering on Park Avenue and not to be missed!

650 Park Avenue is situated on the south west corner of Park Avenue and 67th street. A premier, full service cooperative with multiple full-time doormen, live-in resident manager, climate-controlled fitness room with the latest exercise equipment, roof deck with panoramic city views, laundry room, and on-site parking garage offering reduced rates for residents. Built in 1963, the co-op is pet-friendly and located on a beautiful park block convenient to museums, restaurants and neighborhood shopping. The co-op permits up to 50% financing and utilities are included in the maintenance. A storage unit transfers with the apartment. Sorry, no weekend showings. There is a 2% flip tax paid by purchaser as well as an ongoing capital assessment of $524 per month for apt 16D.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 21
  • Amenities: Garage; Fitness Room; Laundry Room; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Year Built: 1962
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU33422999895
  • Days on Market: 142 days
  • Website: https://www.raveis.com
    /prop/RPLU33422999895/650parkavenue_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 Corcoran Group

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

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650 Park Avenue, #16D, New York (Upper East Side), NY, 10065

$2,700,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,160,000 $2,160,000 $2,160,000
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,095 $13,124 $17,793
Total Monthly Payment $12,220 $13,249 $17,918

* 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.