Welcome home to 55 Park Avenue, Apartment 8EAST, a stunning pre-war co-op centrally located in prime Murray Hill!
This sunny 1 bedroom, 1-bathroom with home office is steeped in pre-war charm, offers incredible value for the discerning buyer, and features original details like solid oak herringbone floors, 9. 5' beamed ceilings, and a wood-burning fireplace.
Upon entering the floor from the attended elevator, you're greeted by a semi-private landing shared with only one other apartment on the floor. Once in the apartment itself, you're welcomed by a foyer which then opens into a grand living room steeped in natural light facing east through oversized windows. The gracious 22' long living room is the perfect space to entertain or unwind after a long day in front of your wood-burning fireplace; just off the living room is a separate formal dining room, also facing east. The chef's kitchen features solid wood cabinetry, brand new stainless steel appliances and granite countertops. The primary bedroom, flooded with natural light from south and east exposures, comfortably fits a king-sized bed, and has a large walk-in closet for maximum storage. The large second bedroom easily fits a queen-sized bed, has a large closet, and enjoys a south exposure. The smartly updated windowed bath, accessible from both bedrooms, has a large stall shower, built in cabinetry, and radiant flooring.
Additional features of this wonderful home include custom built-out closets, a designated storage space in the basement, and a separate service entrance for easy garbage and recycling disposal.
Built in 1922 by the esteemed Fred F. French, 55 Park Avenue is a white-glove co-op with a full-time doorman, attended elevator, live-in super and central laundry room. With only two apartments per floor, and your mail hand-delivered to your door, this boutique building is a unique offering that instantly feels like home.
55 Park Avenue is conveniently located by multiple transportation hubs including Grand Central Station as well as some of the city's finest restaurants, shops, and museums.
There is a 2% flip tax, paid by the purchaser.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,084 | $4,428 | $5,972 |
Total Monthly Payment | $4,176 | $4,520 | $6,064 |
* 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.