AVAILABLE DECEMBER 2024! Prime Upper East Side location on one of the finest stretches of Park Avenue off 61st Street. This elegant, high floor, mint condition, 2, 755 SF corner home (plus a private storage room in the basement) is filled with brilliant sunshine and boasts dramatic views from Eastern, Southern and Western exposures. Entering through the spacious entrance gallery with handsome herringbone floors, one is struck by the gracious layout and separation of public and private spaces. The expansive open living room, with grand proportions and oversized windows, flows into the sunny corner dining room with arresting views south down Park Avenue from the floor to ceiling window. The open, windowed kitchen beyond is outfitted with customized cabinetry by Smallbone of Devizes, Italian granite countertops and beautifully finished Italian porcelain floors. The classic and serene design incorporates the highest quality stainless steel appliances and plenty of counter space to please serious cooks. Originally configured as a four bedroom, four and a half bathroom apartment, this sprawling space has been reconfigured into a three bedroom home, creating a grand master bedroom suite with two full baths and three walk-in closets, one fully lined in cedar. The largest of the master baths features a double pedestal vanity, a deep soaking tub, a rain shower and radiant floor heating all wrapped in beautiful Crema Marfil marble. Two additional corner bedrooms, each with ample closet space and a bath en-suite plus a laundry closet with side-by-side washer and dryer complete the bedroom wing. It can easily be reconfigured back to its original 4 bedroom layout. Residents of 530 Park Avenue enjoy the luxurious amenities of this full service, pet friendly building which boasts a glamorous series of lounge rooms, a billiard room, a catering kitchen, elegantly landscaped terraces and gardens with a fountain and reflecting pool, a fitness center and children’s creativity center, plus bike storage and a storage unit that conveys with the apartment in the basement. This apartment is not furnished.
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Our Executive Mortgage Banker:
Our Insurance Division:
$27,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $21,600 | $21,600 | $21,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $144 | $144 | $182 |
Total Monthly Payment | $219 | $219 | $257 |
* 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.