A rare opportunity to live in one of the most iconic addresses in New York City. This 3 bedrooms 2. 5 baths is being rented fully furnished. Voted in the top 5 condominiums in Midtown East, 500 Park Avenue is an ultra-luxurious building located in a prime location right on the border between Midtown and the Upper East Side. Built in 1984 it is one of the finest post-war designs in the city and the winner of a national award for its architect, James Stewart Polshek, from the American Institute of Architects. Located on the 28th floor, this 2, 667 sqft exclusive residence offers 360 degree breathtaking views of the City and Central Park . The apartment features 2 bedrooms with en-suites, a large library / den / 3rd bedroom, another half bath and an abundance of closets. You will enjoy a semi-private elevator landing allowing for optimum privacy. As you enter, an impressive 28 foot gallery leads to an expansive living room and dining area perfect for entertaining. The main bedroom presents beautiful, open and extensive Central Park views. The windowed eat-in kitchen is fully equipped with top-of-the-line appliances and has a lovely built-in banquet for dining. This premiere residence has a discreet entry off Park Avenue, full time doormen, concierge, hall porters and a resident manager, plus a rooftop terrace. The building is located steps from some of Manhattan’s finest restaurants, world class shopping and much more.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$17,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $14,000 | $14,000 | $14,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $93 | $93 | $120 |
Total Monthly Payment | $168 | $168 | $195 |
* 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.