18 months minimum. Sorry no dogs. This breathtaking, one-of-a-kind two-bedroom duplex apartment has been masterfully and meticulously renovated and is the perfect combination of old New York grandeur and comfortable elegance. Located in the heart of the Upper East Side on Park Avenue, this architecturally significant landmarked building was designed in 1912 by John Russell Pope for prominent opera composer Reginald De Koven. The building boasts only six residences and recently completed an extensive renovation, restoring many of its intricate architectural details while also incorporating major capital improvements. The dramatic entry foyer with polished travertine floors flows graciously to the centerpiece of this glamorous apartment: the living/dining room with soaring 14-foot ceilings. Formerly the mansion’s grand library, this spectacular room boasts gorgeous refinished oak floors with travertine surround, detailed plaster moldings, a wall of leaded bay windows with antique stained glass, artfully designed bookcases, a concealed leather-paneled bar, and an exquisite baronial wood burning fireplace as its centerpiece, featuring antique limestone and an intricately carved mantel. The adjoining windowed kitchen has been fully renovated for modern living and will delight even the most discerning chef. The classic and thoughtful design includes custom cabinetry, a farm sink outfitted with fine fixtures, stone countertops, and top-of-the-line appliances including Sub-Zero refrigerator, Miele built-in coffee/espresso maker, Miele built-in microwave, Miele induction cook top and oven, and Miele dishwasher with custom paneling. Completing the main level is the den/media/second bedroom, outfitted with French polished mahogany pocket doors and paneling, built-in cabinetry, custom brass hardware and light fixtures, and leaded casement windows. The spa-like downstairs bathroom has a statuary white marble floor, walk-in steam shower, Waterworks pedestal sink and toilet, and fine Lefroy Brooks polished nickel fixtures. Adjourn upstairs to the privacy of your massively oversized primary bedroom with four closets, one of which is a walk-in, new solid paneled doors with Nanz hardware and a large ensuite marble bathroom. In-unit Bosch washer and dryer, through-wall A/C, custom lighting, pre-wired audio, and abundant closets complete this not to be missed gem. 1025 Park Avenue is one of the last few remaining genuine mansions on the Upper East Side with a long record of culturally important history. Located two blocks from the magnificent Museum Mile, close to transportation and the finest shopping and dining. Building amenities include a live-in superintendent, cleaning staff offering weekly service for apartment 2D, and central laundry. A rare and special offering.
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $9,520 | $9,520 | $9,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $65 | $63 | $82 |
Total Monthly Payment | $140 | $138 | $157 |
* 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.