The Penthouse Residence is a stunningly designed 1, 048 square foot duplex townhouse home featuring two-bedrooms and two-bathrooms, complete with two private roof terraces.
With grand ceilings, this open concept layout features a spacious living and dining area with a custom designed chef's kitchen complete with quartz countertops and fully equipped with state-of-the-art Bosch appliances.
The airy primary suite is designed with a large fitted walk-in closet and an expansive south-facing terrace offering an intimate and lavish oasis. The sophisticated spa-inspired windowed primary bathroom is finished with carrara marble walls, granite flooring, custom Italian vanities, and features radiant floor heating. Ascending to the upper level, the secondary bedroom awaits with excellent closet space featuring a large private roof deck with north-facing views, offering a serene ambiance.
This spectacular residence is complete with refined elements including beautiful oak wood flooring, recessed lighting, several fitted closets, and an in-residence laundry closet equipped with a vented Bosch washer and dryer set.
The revival of a classic 19th Century Renaissance townhouse at 256 West 88th Street is one of two landmark Upper West Side brownstones which was meticulously converted in 2024 into floor through condominium units offering contemporary luxury living.
A collection of 4 one- to two-bedroom residences designed to elevate your living experience from top-of-the-line finishes and fixtures, open concept layouts, and private outdoor spaces, every detail proves timeless elegance.
The building was fully gutted, restored down to the new beams maintaining the original details, facade and charm. Situated on a beautiful Upper West Side tree-lined street, this iconic building is nestled between Broadway and West End Avenue between Riverside Park and Central Park. This building includes unparalleled access to an array of shopping, dining, museums, and transportation options.
256 West 88th Street offers the romantic feel of old-world charm and residential uptown neighborhood at its best.
The complete offering terms are in an offering plan available from Sponsor. Sponsor: Atlantic Coast Enterprises LLC, 11 Grace Avenue, Suite 108, Great Neck, NY 11021. File No. CD23-0289 .
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
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 | $11,490 | $12,616 | $16,843 |
Total Monthly Payment | $11,615 | $12,741 | $16,968 |
* 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.