The Ultimate Park Avenue Turn-Key!!
This spectacular Co-Exclusive Park Avenue triple mint four-bedroom residence was reimagined in 2022 by AD100 design team Drake-Anderson. From the seventh floor, this Carnegie Hill Coop offers exquisite prewar details, meticulous new luxury finishes and an abundance of light. Three major rooms face Park Avenue and there are ten foot ceilings throughout.
A semi-private elevator landing leads to a glamorous square "museum-like" entrance gallery, with two large closets, that are wrapped in custom finished plaster by famed craftsman Atelier Premier. The gallery opens to the entertaining spaces in one wing and four bedrooms in the other. The twenty six foot living and dining room is highlighted by a custom Calcutta Gold honed marble wood burning fireplace with floor to ceiling hearth and faces North onto treetops. A generously sized Den/Media Room has a state of the art home theater system framed by custom cabinetry.
The chefs eat-in kitchen has two large windows and showcases a center island with white glass countertops and floor to ceiling white lacquered custom cabinetry. The floors are off-white porcelain tile, which complement the cabinetry. Top of the line appliances include a Sub-Zero refrigerator/freezer and a wine refrigerator, a Wolf six burner cooktop with oven and a vented hood with lighting, two Wolf microwaves and a Miele dishwasher. There is a large walk-in pantry with pullout drawers, as well as an outfitted laundry room with a sink, a drip-dry hanging area and a full-size vented LG washer/dryer.
The two bedroom/two bath corner primary suite faces West over Park Avenue and is flooded with sunlight and wonderful open city Northern views. It is currently configured as the Primary Bedroom with a sensational dressing room. The two windowed baths have heated marble mosaic floors by Artistic Tile, Kalista fixtures and custom lighted medicine cabinets. The dressing room (originally 4th bedroom) is outfitted to perfection with beautiful custom cabinetry as well as a large island with ample storage and well-appointed display space. Additionally, there is a large shelved shoe closet in the Primary Suite just outside the dressing room. There are two additional sun-filled bedrooms facing West onto Park Avenue with impeccably outfitted closets, plus a private home office as well as a windowed powder room with custom mirrored doors which open to reveal a full shower, making this a complete bath.
This impressive home is wrapped throughout - in luxury custom lighting and exclusive wallcoverings. The apartment features wide plank white ash Carlisle hardwood Oak floors, four zone central air conditioning, original stripped zinc metal doors, plentiful closets and storage, electric shades and CAT-6 wiring throughout. A large storage bin transfers with the sale of this apartment.
1111 Park Avenue, built in 1925, is a white glove full service cooperative located in the heart of Carnegie Hill and has a doorman, concierge, fitness center and private storage. This quiet and beautiful Upper East Side neighborhood is marked by an abundance of trees, the Central Park reservoir, charming shops and restaurants including Eli Zabars, and the Corner Bookstore and cultural icons including the Guggenheim Museum, The Cooper Hewitt- Smithsonian Design Museum and the 92nd Street Y.
Note: There is an assessment of $1, 649. 67/month thru Oct 2024.
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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 | $9,180,000 | $9,180,000 | $9,180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $53,572 | $58,781 | $78,087 |
Total Monthly Payment | $53,697 | $58,906 | $78,212 |
* 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.