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.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,950,000
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 | $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.