Positioned at the perfect elevation over Central Park with jaw-dropping unobstructed views to the north and incredible exposures onto iconic towers including the Empire State Building to the south, this highly customized and carefully crafted residence is being offered fully furnished and is the first available resale tower residence at 111 West 57th Street. Spanning 4, 492 square feet, Residence 46 is an exceptionally gracious residence with the building’s most sought-after floor plan. Access directly via one of two passenger elevators into a moody entry gallery with black venetian plaster walls and white macauba stone flooring. The great room beckons you with its 50 feet of width, 14-foot ceilings, and floor to ceiling glass showcasing the park’s excellence and the pre-war architectural icons lining Central Park West and Fifth Avenue. A custom wet bar with wine refrigerator is conveniently located off of one of two seating areas. An open kitchen features custom cabinetry throughout, appliances by Gaggenau, crystallo white quartzite countertops and backsplash, and an intimate eating area perched at the corner of the home overlooking Central Park. Walls are finished in hand-applied plaster, and flooring is pre-war inspired parquet in smoke grey solid oak. The southern wing of the apartment contains three en-suite bedrooms including the luxurious primary bedroom suite. An entry gallery complete with custom steel and glass Rimadesio closets welcomes you into this true sanctuary, which has two additional fully outfitted custom Rimadesio closets, an exceptionally scaled bed chamber with views of the city skyline, and a windowed bathroom wrapped in white onyx, a freestanding polished nickel bathtub, and custom fixtures by P. E. Guerin. Each guest bedroom is oversized, contains custom Rimadesio desks and shelving, and features a bathroom finished in crystallo gold quartzite. A jewel onyx powder room, exceptional storage space, and Lutron lighting system with motorized shades throughout complete this residence. It is being offered fully furnished, with designer furnishings from the world's top contemporary brands including Liaigre and B&B Italia. Amenities at 111 West 57th Street include a 24-hour doorman and concierge team, discreet porte-cochere entrance for vehicles on 58th Street, two-level fitness center with outdoor terrace, 82-foot lap pool with private cabanas, sauna, and treatment rooms, resident’s lounge with terrace, study, and meeting rooms, and private dining room with adjacent catering facilities. Residents have access to an on-site padel court, golf simulator, and children’s playroom. Note: Art is excluded from this offering.
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Our Executive Mortgage Banker:
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$24,500,000
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 | $19,600,000 | $19,600,000 | $19,600,000 |
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 | $13,580 | $13,580 | $13,580 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $111,287 | $122,279 | $164,075 |
Total Monthly Payment | $124,992 | $135,984 | $177,780 |
* 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.