Beautifully renovated Park Avenue duplex with a gracious floorplan allowing for the most elegant living. This massive 18-room home offers 6 bedrooms plus a staff suite, 8 full bathrooms, 3 half bathrooms, 21-Foot-high ceilings, 4 bright city exposures, and an exquisite triple mint gut renovation in which no expense was spared.
Enter on the 10th floor from a private elevator landing that opens into a glass vestibule which leads to a gorgeous gallery and living room with a wood-burning fireplace and double-height ceilings. An impressive, cantilevered limestone staircase with a floating glass railing is a work of art. It provides a focal point and access to the private quarters on the second level, which can also be accessed via elevator. Beyond the living room is a handsome library clad in ceruse oak with a wood-burning fireplace and wet bar.
The sophisticated dining room is in high design with richly detailed finishes including custom-built cabinetry made from quartered white oak and a luxurious velvet banquette. The chef eat-in windowed kitchen was custom designed and built by Arclinea with top-of-the-line appliances including a Wolf 48" 6 burner cooktop and separate grill, dual Gaggenau combi-stem ovens, oversized Miele refrigerator and freezer, 2 Miele dishwashers, floor to ceiling glass cabinetry, and Thermador wine fridge. The kitchen has a separate custom butler's pantry with massive amounts of storage and a large office area which can also be used as an additional staff room.
The exceptional corner primary suite is complete with a custom-built Samsung mirror television, 2 windowed marbled bathrooms, a separate office, and two custom built walk-in closets.
The 11th floor leads to a glamorous media/den room large enough to accommodate a pool table, spacious seating area, and a gas fireplace. A private bedroom wing consists of 4 bedrooms, each with an ensuite bathroom. Separate guest quarters offer a private kitchenette and a beautiful custom limestone bathroom. This floor also provides staff quarters, a fully equipped laundry room, powder room, mud room, multiple walk-in closets, and large storage areas.
There is central A/C with 13 separate zones, 12-14-inch-wide white oak plank flooring, fully automated lighting and shades controlled through Savant Home Automation with upgraded CAT 7 wiring, and a climate-controlled wine storage room.
Built in 1929 and designed by architect Lafayette A. Goldstone 730 Park Avenue is a 20-story full-service cooperative with only 40 residences. The building is staffed by full-time doormen, concierge, elevator attendants, and an on-site resident manager with amenities including a fitness center, bicycle storage, and private storage. Located on the corner of Park Avenue and East 71st Street, the building is close proximity to restaurants, Museum Mile, transportation, and Central Park.
The building allows for 50% financing and has a 3% flip tax paid by the purchaser.
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$24,990,000
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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 | $19,992,000 | $19,992,000 | $19,992,000 |
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 | $113,512 | $124,724 | $167,357 |
Total Monthly Payment | $113,637 | $124,849 | $167,482 |
* 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.