4BDR DUPLEX CONDO ON PARK AVE Chic modern design meets Park Avenue grandeur in this impeccable four-bedroom, three-and-a-half-bathroom duplex featuring exquisite interiors, a thoughtful layout and an outstanding location in the Upper East Side’s coveted Carnegie Hill. This spectacular 3, 212-square-foot showplace greets you on the lower level with walls of floor-to-ceiling windows framing iconic Park Avenue views. Pale oak floors, soaring ceilings and custom wallcoverings amplify the glorious natural light, while designer light fixtures and soft recessed fixtures add the perfect illumination to each magazine-worthy room. A private elevator opens to the gracious entry gallery flanked by a convenient powder room and coat closet. In the corner living room, you’re invited to relax and unwind alongside jaw-dropping northern and western exposures overlooking the Park Avenue Mall’s seasonal plantings, ranging from thousands of summer tulips to dazzling holiday lights. To the right of the entry, a pocket door reveals a large formal dining room perfect for grand gatherings. Chefs will love the spacious gourmet kitchen where glossy Poggenpohl cabinetry and Corian countertops surround a fleet of Miele appliances, including a vented gas cooktop, wall ovens, a microwave/speed oven, cabinet-front refrigerator and an integrated coffee system. A tall appliance garage, center island and Sub-Zero wine refrigerator make lavish entertaining effortless. The adjacent small bedroom suite featuring an en suite bathroom and attached laundry room is perfect for staff, guests or home office use. Ascend the sculptural open staircase — a work-of-art focal point wrought from frosted glass and metal — to discover the upper level’s luxurious accommodations, beginning with the expansive corner owner’s suite featuring two large closets. The en suite spa bathroom impresses with a walk-in rain shower, soaking tub and Poliform double vanity, all surrounded by Dornbracht fixtures and stunning Rhino marble. Past the upper-level landing and a roomy closet, two spacious and bright secondary bedrooms share a well-appointed Jack-and-Jill bathroom. Central HVAC, integrated surround-sound speakers, and smart home controls for lighting and shades add comfort and convenience to this exquisite Upper East Side sanctuary. Built in 2008, 1055 Park Avenue is a rare new construction condominium on one of the world’s most desirable streets. In this sophisticated five-unit boutique building, residents enjoy full-time doorman service, a resident manager and a fitness center. This sought-after Carnegie Hill location is filled with world-class shopping, dining, entertainment and outdoor space. Spend the day along the Museum Mile or explore Central Park just two blocks west. Enjoy direct access to shops along Madison Avenue and 86th Street, including Whole Foods and Fairway Market. Transportation options abound with 4/5/6 and Q trains, excellent bus service, CitiBike stations and FDR all nearby.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $23,600 | $23,600 | $23,600 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $157 | $157 | $199 |
Total Monthly Payment | $232 | $232 | $274 |
* 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.