Sundrenched Prewar Penthouse Duplex - 5, 500 Sq Ft.
This exceptional 14 room prewar penthouse duplex with spectacular landscaped terraces is situated high atop one of Manhattan's finest prewar cooperatives. The building is perfectly located on East 64th Street, on one of the most beautiful tree-lined blocks in the Upper East Side Historic District.
A private elevator landing opens onto an impressive south-facing center gallery bathed in natural light throughout the day. The adjacent spectacular and massive 27 x 23 living room with a wood-burning fireplace has three exposures, soaring ceilings, and commands wonderful open views through floor-to-ceiling Palladian windows. Stunning landscaped terraces surround the living room on all three sides, and views as far as Central Park can be seen in the distance.
On the opposite side of the gallery is a beautifully proportioned corner dining room with a wood-burning fireplace. The dining room also commands impressive views through four sets of floor-to-ceiling windows looking out onto more beautifully landscaped terraces. Views as far south as the Chrysler Building can be seen in the distance. Adjacent to the dining room is a sprawling 31 x 12 eat-in-kitchen with a separate breakfast room. The kitchen and breakfast room have wonderful light and openness to both the east and west. A bright and sunny staff room with a full-sized bath completes this level of the penthouse.
The bedroom level of the penthouse offers two expansive wings which can accommodate as many as seven separate bedrooms, and six bathrooms. The bedroom level captures all four exposures, and each and every room enjoys wonderful sunlight throughout the day. The primary bedroom suite occupies the front south corner, and includes an enormous renovated bathroom, dressing room and walk-in-closet.
Built in 1927 and designed by prominent architect Kenneth Murchison in the Neo Classic style, this elegant white-glove cooperative offers residents the highest level of service, security and privacy. The building permits 50% financing, and there is a Flip Tax of 2% payable by the Purchaser
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $12,000,000 | $12,000,000 | $12,000,000 |
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 | $70,029 | $76,837 | $102,075 |
Total Monthly Payment | $70,154 | $76,962 | $102,200 |
* 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.