535 Park Avenue, #4-AB, New York (Upper East Side), NY, 10065 | $4,395,000

Welcome to 535 Park Avenue, an exquisite pre-war cooperative designed by Herbert Lucas and built in 1909. Nestled in one of Manhattan’s most prestigious neighborhoods between 61st and 62nd Streets, this 15-story building offers an unparalleled level of white glove service.

This expansive residence features a sophisticated layout, currently configured as a two-bedroom plus library, with the potential to easily be restored to a three-bedroom configuration. With 4 bathrooms and a separate laundry room, the home exudes timeless elegance and pre-war charm, featuring original details such as high ceilings, oak hardwood floors, classic moldings, oversized windows and four exposures.

Upon stepping into the semi-private elevator landing, you are greeted by an elegant entrance foyer, leading to a grand gallery. The corner living room is the heart of the home, complete with a wood-burning fireplace and Juliet balcony with expansive western views overlooking Park Avenue. The formal dining room, accessible from both the foyer and kitchen, provides a gracious setting for entertaining.
The spacious primary bedroom features an entire wall of custom closets, a wood-burning fireplace, an en-suite windowed bath, and a dressing room with mirrored vanity. The additional bedrooms also offer en-suite baths, ample closet space, and flexibility for various layouts. The library features another wood burning fireplace and currently has one of the two walk-in closets set up as a thoughtfully designed bar. All rooms are generously proportioned, showcasing the grandeur of pre-war architecture with ceilings reaching up to 10’6”.

This premier residence is an entertainer’s dream, with its classic and gracious layout, four wood-burning fireplaces, and stunning pre-war details. The building itself is impeccably maintained, offering residents access to a newly renovated common terrace on the 15th floor roof, as well as a storage unit and extra laundry in the basement. Its prime location provides proximity to Central Park, Museum Mile, and the upscale boutiques of Madison Avenue, as well as excellent public transportation options.

Experience the timeless sophistication and refined luxury of 535 Park Avenue, where historic charm meets modern convenience in the heart of the Upper East Side.

Max Financing – 40%
Pied A Terres – case by case basis
Flip Tax- 2% payable by the purchaser

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 15
  • Amenities: Laundry Room; Roof Deck; Private Storage;
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 4 full
  • Year Built: 1910
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Concierge: FullTime
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: 2105560
  • Days on Market: 25 days
  • Website: https://www.raveis.com
    /prop/2105560/535parkavenue_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 City Connections Realty

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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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535 Park Avenue, #4-AB, New York (Upper East Side), NY, 10065

$4,395,000

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 $3,516,000 $3,516,000 $3,516,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,240 $22,224 $29,670
Total Monthly Payment $20,365 $22,349 $29,795

* 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.