Luxurious Penthouse Living at the Lombardy, bid deadline July 31st: This spectacular Penthouse unit, located just off of Park Avenue, boasts over 3000 square feet of interior space, approximately 1600 square feet of terraces, and is bathed in light with exposures in all four directions. Entry to the Penthouse is through a gracious sitting room/private gallery with access onto the west terrace. The expansive and inviting living/dining room is grand in scale and enjoys skyline views through north facing windows. Off of the living room are the luxurious master bedroom suite, with its large windowed en-suite bath, huge eat-in gourmet kitchen equipped with top of the line appliances, and a second bedroom also with an en-suite bath. The sun-flooded and dramatic east terrace enjoys beautiful skyline views to the south, east and north and can be accessed from both the kitchen and the third bedroom which is currently set up as an office. There is a washer dryer in the apartment, an abundance of storage and a powder room. The Lombardy Hotel was built by William Randolph Hearst in 1926 and has been home to such legends as Elizabeth Taylor & Richard Burton, Bette Davis and Richard Rodgers. The Lombardy remains a sophisticated residence in an ideal location in the Plaza District of midtown Manhattan close to Central Park and with easy access to great shopping, the best restaurants, top museums and the theatre district. Services at the Lombardy are unmatched and include a doorman, fitness center, beauty salon and business center. Foreign, Corporate, Trust and Pied-a-Terre purchases are welcome. Pets allowed. 50% financing permitted. Electricity, gas and operational services are included in maintenance. Unit owners/shareholders can participate in the hotel's rental program which allows them to collect 100 percent of the rental revenue.
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:
$3,000,000
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 | $2,400,000 | $2,400,000 | $2,400,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,884 | $14,197 | $19,770 |
Total Monthly Payment | $13,009 | $14,322 | $19,895 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.