This glamorous duplex residence is defined by its stunning and commanding views over Central Park and the glittering and dramatic Manhattan skyline. Comprising the 30th and 31st floors of 50 Central Park South, this exceptional condominium offers spectacular scale, soaringly high ceilings, mesmerizing outlooks, and an abundance of space and style. Sited perfectly, Central Park is seen from a superior position along its southern edge with a marvelous, bird’s-eye perspective. 50 Central Park South was designed by master architect Emery Roth. Originally opened as the Hotel St. Moritz in 1930, the current residence grandly comprises two full floors as offered in the building’s 2002 reimagining as the Ritz Carlton Residences. The Hotel St. Moritz’s erstwhile ballroom is now the apartment’s extremely spectacular Living Room. Accessed by a private elevator landing, the grandly-scaled Gallery opens into the magnificent Living Room, which is a breathtaking 44 feet in length and boasts dramatically tall 15-foot ceilings. This majestic room is lined with ten colossally-scaled arched windows, five of which overlook Central Park and the residence’s largest Terrace, which stretches almost 45 feet along the length of the facade. Throughout the apartment, from every Park-facing window, and especially from the wide and wonderful Terrace, there are inspiring skyliner views of Central Park. Adjacent, there is a wonderful square Media room wrapping the northeast corner of the building and boasting an abundance of morning light and endless views of the Park. There is also a generously-proportioned Library, wrapping the southwest corner of the building. Nearby there is a large separate Wet Bar with room enough for comfortable seating, a Powder Room, and ample closets. The very grand and impressive Dining Room is baronial in proportion, with arched windows on three sides and access to a 28-foot-long western-facing Terrace. Beyond, there is a perfectly-appointed stainless steel chef’s Kitchen supported by an additional Powder Room and the terraced Breakfast Room, with its own access to the large northern Terrace and its spectacular vistas over Central Park. The downstairs private quarters are accessed via a sweeping marble staircase. The tranquil and very impressive Primary Bedroom imparts a true sense of serenity and luxe and also has divine outlooks over Central Park. It is supported by a capacious Dressing Room/Bathroom, a further vast and spa-like marble Bathroom, an extremely generously-sized Gym with a separate Massage Room, and a luxuriously ample Dressing Room. There are two further Bedrooms, one of which wraps the northwest corner of the building and offers spectacular views and magical evening light; the other has three exposures and magnificent city skyline outlooks. Both Bedrooms are supported by ensuite baths. Nearby, there is a Staff Room with an ensuite bath and a well-sized Laundry Room. The residence is currently configured as an extremely spacious three Bedroom residence, although the very flexible floor plan and the generosity of the apartment’s almost 11, 000 square footage allow for myriad possibilities. 50 Central Park South, 36-stories in height, is comprised of the Ritz-Carlton Hotel and the Ritz-Carlton Residences, of which eleven private condominium residences occupy the top twelve floors. With a dedicated private entrance and top-tier staff, this white-glove condominium offers assured privacy and exceptional services. Residence residents also benefit from the world-class luxury services and amenities of the Ritz-Carlton Hotel, which include the La Prairie spa and health club, the business center, the Contour Bar and Lounge, in-room dining services, and housekeeping. With its superior location, majestic vistas, extraordinary luxury of space and proportion, this splendid residence is truly a trophy and is rare and remarkable in every way.
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William Raveis Mortgage, LLC
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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 | $56,000,000 | $56,000,000 | $56,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $300,620 | $331,261 | $461,290 |
Total Monthly Payment | $300,745 | $331,386 | $461,415 |
* 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.