1021 Park Avenue, #14C, New York (Upper East Side), NY, 10028 | $3,950,000

Back on the Market at an Amazing New Price

3 Bedroom Candela Beauty with Incredible Light and Views .

From the semi-private landing, a large central gallery welcomes you to this extraordinary space. A breathtaking, sundrenched corner living room has 4 oversized windows offering views east and south to the Midtown skyline and beyond. The proportions of this room are magnificent (20'x29' with 10. 6' ceiling heights) plus superlative architectural details including wood paneling, elegant moldings and herringbone floors - this room must be experienced in person! The room is perfected by an impressive wood-burning fireplace with marble mantel. The spacious primary bedroom, currently used as a library, has unbelievable southern views, a wood-burning fireplace also with marble mantel, and an en suite bath. A second bedroom with en suite bath is located off the central gallery. It has two exposure is sun-filled with eastern morning light. There is also a large walk-in closet. A massive dining room can accommodate large scale gatherings. The dramatic dining room has a wood-burning fireplace and open views west over Park Avenue and open city views to the east. The dining room can also be set up as a dining room/library due to the grand dimensions of the room. The state-of the-art kitchen is also massive in size and has a charming breakfast/small meals banquette and table. An office which also houses the washer/dryer connects to an oversized bedroom, once several maid's rooms, and a spa quality bath and huge walk-in closet. The apartment is configured to maximize the apartments great scale for everyday comfort and/or as a grand and splendid space for large scale entertaining.

1021 Park Avenue is one of the city's most distinctive and elegant residential buildings. Located on the northeast corner of Park Avenue and 85th Street, it was erected in 1929 as a cooperative. The 15-story building has 27 apartments and was designed by Rosario Candela and Kenneth M. Murchison and erected by John and Joseph Campagna. The building has a 24 hour doorman and a live-in resident manager. The building has a fitness center and is pet friendly. 50% financing is allowed and NO summer work rules.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 16
  • Amenities: Fitness Room; Laundry Room; Private Storage;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Year Built: 1929
  • Pet Policy: Pets Allowed
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • OLR#: RPLU21923250797
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/RPLU21923250797/1021parkavenue_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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1021 Park Avenue, #14C, New York (Upper East Side), NY, 10028

$3,950,000

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 $3,160,000 $3,160,000 $3,160,000
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 $18,191 $19,973 $26,666
Total Monthly Payment $18,316 $20,098 $26,791

* 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.