New York (Upper East Side), NY, 10028 | $3,200,000

Classic Candela with Light and Views: Welcome to an extraordinary 2-bedroom, 3 bathroom home at one of New York's most prestigious addresses - 1021 Park Avenue on the Upper East Side.

Residence 9A features:

  • Abundant light, large windows, open views, a thoughtfully conceived and spacious layout.
  • Upon entering the gracious foyer from the private elevator landing, you are immediately greeted with five large south-facing windows that clear historic 1015 Park Avenue, the 5-story Avi Chai Foundation (formerly the Lewis Gouverneur Morris residence) on 85th Street.
  • The apartment is in excellent condition, with beautifully stained oak hardwood floors, a wood burning fireplace, and 9'-3"ceilings.
  • The open, loft-like living/ dining room is perfect for entertaining or quiet evenings at home.
  • The primary bedroom, with its two large closets, has both an ensuite bathroom and a bathroom that is shared with the second bedroom (currently a den). The five windows in the bedroom area have spectacular views facing Park Avenue, including the Park Avenue Christian Church and Midtown skyscrapers.
  • The second bedroom/den is huge with 2 large south and west facing windows that overlook Park Avenue and stream light all day long. Bring your sunglasses!
  • The spacious eat-in-kitchen contains timeless, high-quality, St Charles kitchen cabinets, a Sub-Zero refrigerator, Miele dishwasher and plenty of storage in the pantry area.
  • The staff room off the kitchen, with its full bath, is perfect for a home office or overnight guest.
  • There are also numerous and generously sized closets throughout.
  • Every room, including all three bathrooms, has windows.
  • Washer/ Dryer in unit.
  • Through-wall air conditioning.
  • A large basement storage unit conveys with the apartment.

1021 Park Avenue boasts top, white glove service, including:

  • 24-hour doormen
  • Live-in resident manager
  • A newly renovated exercise room with state-of-the-art equipment
  • A central laundry room.

1021 Park Avenue is an immaculately maintained coop on the corner of 85th Street for those who seek distinguished aesthetics and high-level service. It is "classic Candela" inside and out, from the elegant lobby to the articulated brick facade and detailed limestone elements throughout. Designed by famed architect Rosario Candela in 1929, this elegant 14-story white-glove building offers shareholders the highest levels of service, privacy, and security. Each of the 27 apartments are accessed by a private elevator landing.

Location! Shareholders enjoy the conveniences of being in the heart of the Upper East Side, two blocks to Central Park, the Met and Museum Mile, ALL of the services on 86th Street and Lexington Avenue, Madison Avenue shopping, along with proximity to nearby garages. The building allows pets, pied-a-terres and co-purchasing. Guarantors considered on a case-by-case basis. Financing is 50% and 2. 5% flip tax is paid by the buyer. There are no summer work rules. Showings Monday through Friday only.

Contact Julia Cahill for showings: Julia. Cahill@corcoran. com 917-951-4547

Features

  • Town: New York
  • Levels: 14
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: Building Other,Washer Hookup,In Unit
  • Year Built: 1929
  • Common Charge: $8,898 Monthly
  • View: City
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-33422814530
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RPLU-33422814530/1021parkavenue_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group   Phone: (212) 355-3550

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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New York (Upper East Side), NY, 10028

$3,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $2,560,000 $2,560,000 $2,560,000
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 $13,743 $15,143 $21,088
Total Monthly Payment $13,868 $15,268 $21,213

* 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.