Buyer Incentive - Limited Time Offer! Transfer Taxes and Two Years of Common Charges Paid by Sponsor.
Private In-Person Appointments Available. Immediate Occupancy.
Introducing the crown jewel of the Meridian Collection, a premier penthouse residence, featuring over 4, 000 SF of interior space and a private 1, 679 SF rooftop terrace.
Crafted to perfection by award-winning firms HOK and SheltonMindel, Penthouse A is the perfect five-bedroom layout with soaring ceilings, beautiful light, and an expansive corner terrace with a full outdoor kitchen.
The dramatic double height gallery with an oversize skylight divides the private and public wings of the residence and houses the custom-made staircase to the terrace.
The southern wing of the residence features a corner great room with walls of windows framing cinematic views of Manhattan. A striking marble clad double-sided fireplace separates the great room and dining room. Open to the dining room, the designer kitchen is outfitted with chef-grade Gaggenau appliances, custom walnut cabinets are paired with polished Glassos backsplashes and countertops, and a Calacatta Calvani marble island offers plenty of space to prep, serve and entertain. To the east of the dining room is the fifth bedroom suite that can easily function as a den or private guest quarters.
The northern wing of PHA has three grand secondary bedrooms with ensuite baths and a corner primary suite with five closets and a tranquil windowed
In addition to aesthetics, the focus on comfortable living is echoed throughout this special residence. There is elegant art lighting, as suburban-sized laundry room with a vented dryer, powder room and designated Nest controls in each room.
1289 Lexington is the newest addition to the Zeckendorf portfolio, joining such illustrious buildings as 520 Park Avenue, 18 Gramercy Park South, and 15 Central Park West.
Amenities include a large and elegant lounge with a Billard table and outdoor space; a rooftop terrace with fireside seating and grill; a windowed fitness center designed by The Wright Fit; a fun-filled playroom created by Silver Hill Atelier; a multimedia music room; a conference room with remote meeting capabilities; and private tutoring/study pods.
Perfectly centered between two parks, and next to myriad forms of transportation, Penthouse A is an oasis of quiet and light amid the wonderful excitement of the Upper East Side.
The photographs of the terrace are virtually staged.
All dimensions and square footages are approximate and subject to, among other things, normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended ("Plan"). In the event of any inconsistency between this floor plan and the floor plans contained in the Plan, the floor plans contained in the Plan shall prevail and control. Plans and dimensions may contain minor variations from floor to floor. Any depictions of personal or condominium property, including, without limitation, any interior and exterior decorations, furniture, furnishings, fixtures, appliances, and landscaping (including the maturity of growth of landscaping), are for illustrative and conceptual purposes only. No representation or warranty is made that a unit owner will be able to implement the furniture layout shown above. Sponsor makes no representations or warranties except as may be set forth in the Plan. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0315. SPONSOR: 86LEX OWNER, LLC, 445 PARK AVENUE, SUITE 1902, NEW YORK, NY 10022. EQUAL HOUSING OPPORTUNITY.
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Our Executive Mortgage Banker:
Our Insurance Division:
$13,750,000
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 | $11,000,000 | $11,000,000 | $11,000,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $62,457 | $68,626 | $92,083 |
Total Monthly Payment | $62,582 | $68,751 | $92,208 |
* 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.