575 Park Avenue, #808, New York (Upper East Side), NY, 10065 | $625,000

Nestled within one of Park Avenue's most distinguished cooperative buildings, this delightful two-bedroom residence NEEDS YOUR PERSONAL TOUCH! The generous layout of this terrific two bedroom is by far the best in the building. As you step into the inviting 16-foot gallery, your journey unfolds into a beautifully proportioned living room, you are graced with a sun-drenched southern tree lined views over charming townhouses. A conveniently located coat closet stands ready in the gallery, ensuring practicality meets elegance. Moving further within, the primary bedroom embraces the southeast corner of the building, bathing in an enchanting play of light. This serene retreat boasts three generously sized closets and an en-suite bath. Additionally, a second bedroom, emanates with cheerful natural light through its large east-facing window. It too features an en-suite bath and ample closet space. The adjacent windowed kitchen offers abundant cabinetry and generous counter space. Throughout the residence, an aura of luminosity and captivating urban views infuse each room with a sense of grace and serenity. Originally built in 1927 and masterminded by the renowned architect George F. Pelham, The Beekman has been meticulously transformed into a cooperative gem in 1969. The grand lobby, designed in the Italian Renaissance style, sets the stage for a lifestyle of timeless elegance. The Beekman stands as a coveted white-glove cooperative, offering top-tier amenities and impeccable service. Its enviable location places you moments away from Central Park. The dedicated staff includes a 24-hour doorman, concierge services, and a highly-regarded resident manager. Residents benefit from an array of amenities, including a private fitness center, a meeting room, a communal laundry facility, and bicycle storage. Monthly maintenance fees encompass electricity, heat, hot water, window cleaning, and daily housekeeping. The current owner has fully settled the ongoing assessment. The cooperative welcomes pied- -terre residents, trusts, international buyers, and subletting. A 3% flip tax applies, and the building permits up to 50% financing. Please note that The Beekman is a pet-free environment.

The 101-year extension of the land lease secures your investment and peace of mind for generations to come.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 16
  • Amenities: Bike Room; Courtyard; Health Club; Fitness Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Private Storage; WiFi;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Beekman, The
  • Year Built: 1927
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer/Dryer Hookups: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • LobbyAttendant: No
  • OLR#: RPLU63222708615
  • Days on Market: 409 days
  • Website: https://www.raveis.com
    /prop/RPLU63222708615/575parkavenue_newyork_ny?source=qrflyer
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 Brown Harris Stevens Residential Sales LLC

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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

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575 Park Avenue, #808, New York (Upper East Side), NY, 10065

$625,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $500,000 $500,000 $500,000
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 $92 $92 $92
Initial Principal & Interest Pmt $3,327 $3,323 $4,217
Total Monthly Payment $3,419 $3,415 $4,309

* 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.