Opportunity awaits to live in one of Park Avenue's most prestigious addresses in a 12-room, pre-war masterpiece.
Perched on the 14th floor with views over Park Avenue, you enter Apartment 14B from a private elevator landing into a magnificent entrance gallery that serves as the home's focal point. With approximately 4, 000 square feet of living space, the home features a distinct separation between the entertaining spaces and the private bedroom wing, allowing for both privacy and ease of hosting guests.
The foyer connects seamlessly to the living room, an open expanse framed with high-floor views overlooking Park Avenue through four large windows. Along with the adjacent dining room, the space provides ample area for grand-scale entertaining.
The apartment has four bedrooms, four and a half baths, and a versatile library outfitted with custom shelving that can easily serve as a fifth bedroom. The grand, eat-in kitchen has a breakfast room, staff room, wine storage, and laundry. The primary suite is distinctly positioned for privacy, featuring a dedicated dressing area and an ensuite bathroom with dual sinks. The secondary bedroom wing has a hallway of closets and three oversized bedrooms with beautiful, protected open views east. In addition, there is a powder room.
Designed by renowned architects George and Edward Blum, 791 Park Avenue is a well-maintained pre-war cooperative with just thirty-two units. Amenities include a full-time doorman, a live-in resident manager, and a gym. The building allows 50% financing, and there is a 2% flip tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,550,000
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 | $6,040,000 | $6,040,000 | $6,040,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,294 | $37,682 | $50,562 |
Total Monthly Payment | $34,419 | $37,807 | $50,687 |
* 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.