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.
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:
$3,200,000
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 | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,335 | $15,762 | $21,259 |
Total Monthly Payment | $14,460 | $15,887 | $21,384 |
* 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.