New York (Midtown East), NY, 10022 | $68,000,000
Full Floor Opportunity at 432 Park Avenue
71st Floor (71AB)
Six Bedrooms / Seven Baths / Library / Two Powder Rooms / 8, 108 sqft
The 71st Floor at 432 Park Avenue, offers the opportunity of combining two half floor residences (71A & 71B) to seamlessly create a breathtaking display of scale and proportion measuring over 8, 000 sqft with beautiful views perfectly framed by 432 Park Avenue's iconic 10' 10' windows and high ceilings throughout.
This rare opportunity will allow the purchaser to create their own full-floor residence vision measuring over 8, 000 sqft (approximately).
Alternative/proposed floor plans are for visualization purposes only and are subject to approval, please consult with your own architect.
432 Park Avenue
Completed in 2012, 432 Park Avenue was designed by Rafael Vinoly and is located on Park Avenue between 56th and 57th Street and is one of the tallest residential towers in the western hemisphere, rising 1, 396 feet into the Manhattan skyline.
The residences at 432 Park Avenue are complemented by over 30, 000 sqft of professionally staffed amenities include a private marble-clad porte-cochre entrance, lounge, 5, 000 sqft terrace, private restaurant, outdoor dining, 75-foot pool, fitness center, relaxation suite featuring a spa with sauna, steam, and massage therapy rooms, library curated by Assouline, billiards room, screening room, boardroom, playroom, and yoga studio.
In-suite dining/room service, concierge, 24-hour doorman, onsite parking garage, and valet services are available.
Please be aware that the Board announced that, for the balance of this year, there will be no assessment beyond the current assessment that expires April 30, 2023.
Features
- Town: New York
- Levels: 96
- Rooms: 12
- Bedrooms: 8
- Baths: 7 full / 2 half
- Laundry: Building Other
- Year Built: 2015
- Common Charge: $25,230 Monthly
- Approx Sq. Feet: 8,108
- Est. Taxes: $172,608
- View: Panoramic
- Pet Policy: Building Yes,Yes
- Appliances: Washer Dryer Allowed
- MLS#: RPLU-33421565789
- Days on Market: 1023 days
- Website: https://www.raveis.com
/prop/RPLU-33421565789/432parkavenue_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 Corcoran Group Phone: (212) 355-3550
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (Midtown East), NY, 10022
$68,000,000
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 | $54,400,000 | $54,400,000 | $54,400,000 |
| 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 | $14,384 | $14,384 | $14,384 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $308,877 | $334,950 | $451,743 |
| Total Monthly Payment | $323,386 | $349,459 | $466,252 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535