This north facing two bedroom, two-and-a-half-bathroom residence is located at an elevation of over 675 feet and features direct views of Central Park from every room in the home. Floor-to-ceiling glass spanning the entire residence, allows for an abundance of natural light. The formal entry foyer opens to a great room featuring soaring ceiling heights of 10’7. ” The split bedroom layout provides for privacy and comfort with en-suite bathrooms as well as a separate powder room. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances. The highly sought-after “N” line offers the unique opportunity to own a two-bedroom residence on Manhattan’s billionaires’ row with direct Central Park views. Extell Development Company proudly presents Central Park Tower, a monumental vision fully realized. Standing at 1, 550 feet above New York City, Central Park Tower is the tallest residential building in the world featuring stunning architecture by Adrian Smith + Gordon Gill and elegant interiors by Rottet Studios. Central Park Tower is proud to be one of the top-selling buildings of all-time in Manhattan. Central Park Tower's superior lifestyle is assured by the building's private Central Park Tower Club, with 50, 000 square feet of unprecedented amenities. The pinnacle of the Club is 10Cubed, located on the 100th floor (at an elevation of 1, 000 feet, hence its name), offering private Michelin-star dining and one of the world's highest ballrooms. Boasting astonishing views, with cuisine, d cor, and service all meticulously curated by celebrity event planner Colin Cowie, 10Cubed is an unparalleled dining and entertaining experience at an intimate or a grand scale. The Club features an expansive, outdoor landscaped Terrace, a 60-foot saltwater pool, and an outdoor movie theater with bar and grill. Indoor recreation amenities include a sunlit saltwater lap pool and hot tub, a double-height windowed sports court, and a high-tech fitness center. Restorative treatments are offered at The Club's spa, with both steam and sauna. The Club features a private screening room, a business center, and The Living Room residents lounge with soaring ceilings, billiards, and comfortable areas for relaxing and hosting. Central Park Tower is a new landmark, with unforgettable views, incomparable amenities, and a lifestyle that is above all else. Closings have commenced, immediate occupancy is available. The complete terms are in an offering plan available from the Sponsor. File No: CD16-0240. Equal Housing Opportunity.
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$8,600,000
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 | $6,880,000 | $6,880,000 | $6,880,000 |
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 | $39,064 | $42,922 | $57,594 |
Total Monthly Payment | $39,189 | $43,047 | $57,719 |
* 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.