Wonderful opportunity to transform this extraordinary ten-room duplex located on the 8th and 9th floors of a distinguished 1930 Emory Roth edifice into a glamorous home for today's living. Available for the first time in over forty years, this elegant apartment exudes old-world charm and elegance. At approximately 3, 500 square feet, this 8/9B offers an excellent layout, original prewar details, high ceilings, and wonderful scale.
A semi-private vestibule leads to an impressive gallery with a grand staircase. An immense living room with a wood-burning fireplace faces east over Park Avenue with sunny exposure. Facing north over townhouses is a comfortable library with custom bookshelves and a full bath. The formal dining room has sunny southern outlook, and leads to a butler's pantry, a massive eat-in kitchen and three generous staff rooms (one currently used as a laundry room) with another full bath. This enormous back space offers multiple options for reconfiguration.
The staircase leads to the private upper level with three large bedrooms and two baths. The bright corner primary bedroom, with private bath has four windows facing north and east over Park Avenue and offers four large closets including one walk-in. The two additional bedrooms are well-proportioned, have large closets, and share a bathroom. All bedrooms enjoy plentiful sun and open exposures.
784 Park Avenue, located at the corner of 74th Street, is a coveted full-service, white glove pre-war cooperative with a fitness center, private storage, bike room and attentive staff. Blocks from Central Park and all that Lenox Hill has to offer from upscale boutiques, restaurants, cafes, museums and more. Pets and pied-a-terres are allowed. 2% Flip Tax paid by buyer. A generous 60% financing is allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,495,000
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 | $4,396,000 | $4,396,000 | $4,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,960 | $27,425 | $36,800 |
Total Monthly Payment | $25,085 | $27,550 | $36,925 |
* 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.