48 East 63rd Street is a never been lived in, newly renovated single-family townhouse located in a trophy Upper East Side location between Madison and Park Avenues steps from Central Park and Manhattan’s highest-end shopping district. Spanning five levels, plus a finished basement, this home features large floorplates, high ceilings, and four outdoor spaces including a South Facing garden, a front parlor level terrace, a private balcony, and a completed roof deck. The residence, designed by Woods Bagot, presents exceptional entertaining areas including a grand parlor floor with formal dining and living connected via a private rear staircase to the home's eat-in kitchen, breakfast nook, and sitting room. Modern finishes mixed with period details are found throughout this home perfectly blending historic charm and contemporary upgrades. Plaster moldings, herringbone floors, and fireplace mantles pay homage to the history; while brand new mechanical systems, HVAC, and contemporary finishes throughout bring this residence into the 21st Century. Luxuries of this home include gracious living spaces which include a formal reception upon entry, a large custom kitchen by Henry Built with a waterfall marble island, oversized appliances, and a rear breakfast nook that overlooks the garden. The large parlor floor with gracious ceiling heights and details has multiple seating areas, a formal dining room, and a rear kitchenette and wet bar which connects to the kitchen below. A unique Parisian-style balcony accessible through two French doors overlooks the tree-lined townhouse block. 48 East 63rd Street features five well-proportioned bedrooms and bathrooms that include a full-floor primary suite with a windowed dressing room or den and a gracious bathroom oasis in the rear. A finished roof terrace sits on top with building clearing views to the North and South. The finished basement features a laundry room (there is a second laundry room on the fifth floor), space for a home fitness gym or media room, and ample storage. 48 East 63rd Street is surrounded by Park and Madison Avenue’s exclusive stores, galleries, and the finest schools the city has to offer. In addition, only half a block away, are haute couture boutiques along with numerous world-class restaurants including Hermes, Bottega Veneta, Loro Piana, Chanel, Jaeger-LeCoultre, and the Lowell Hotel. There is also quick access to Central Park and public transportation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,495,000
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 | $8,396,000 | $8,396,000 | $8,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,015 | $55,156 | $73,138 |
Total Monthly Payment | $51,140 | $55,281 | $73,263 |
* 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.