Introducing a 2 Penthouse Floor opportunity to bring your architect to renovate and create an over 3000 sqft Duplex masterpiece with 3 levels of outdoor space and 360 degrees through spectacular windows. Combinable 9th and 10th floors in a historic building tucked just off of Park Avenue with extraordinary skyline views and three private floors of exterior space, including a wraparound terrace and large roof deck with views of the Empire State and Chrysler Buildings. A private, keyed elevator delivers you to the over 2, 350-square-foot 9th floor. This gutted, clean-slate property is ready for your unique vision and conveys with approved plans, air rights and $250, 000 of LPC-approved work already completed on new windows, including restoration of the original stained glass windows depicting the four seasons. There is an extensive list of items completed expediting costs and time for future renovation. A gracious foyer opens to an opportunity for a massive living room, kitchen and den. Both sides of are flanked by a wood-burning fireplace and Juliet balconies framing south-facing views that stretch over historic Park Avenue landmarks to the Empire State Building. This level calls for 3+ spacious bedrooms including a primary ensuite. Sweep back around through the foyer to rear of residence that opens to a kitchen, private dining, guest bedroom and additional bath or alternative floor plan to have multiple bedrooms. Stairwell would be centrally situated and would lead you to the additional 700+ sqft 10th floor. An optional plan for 2nd floor is primary bedroom, sitting room, bath, expansive walk-in closet and living space. On this penthouse level you are wrapped in an exquisite terrace with southern and eastern outlooks. Continuing up the stairs within would lead you to the crowning glory of a breathtaking private rooftop terrace encircled by planter boxes, storage, an outdoor shower and a summer kitchen. From this city retreat, you're surrounded by views of Empire State Building, apartment houses, gleaming towers, the Chrysler Building and dazzling One Vanderbilt. Please view Matterport to walk around and experience. Located within the Murray Hill Historic District, 105 East 38th Street is lovely neo-Georgian brick and limestone apartment house designed in 1924 by architect Charles Kreymborg. Residents of the pet-friendly cooperative enjoy a new video intercom system, a live-in superintendent and a central laundry room. Pieds-Ã -terre, guarantors, co-purchasing and up to 80% financing are permitted with board approval. This charming tree-lined block offers easy access to Midtown, NoMad, The Flatiron District and Kips Bay. Just a few blocks south of Grand Central Station, enjoy fantastic dining, nightlife and shopping and the luxury of being in the center of the city. Nearby Bryant Park offers lovely outdoor space and a year-round calendar of events. Access to transportation is unbeatable with 4/5/6, 7, S and B/D/F/M subway lines, Metro-North trains, excellent bus service, CitiBikes, the 34th Street Ferry Landing, FDR and Midtown Tunnel just minutes away. Ask about Seller Financing, alternative floor plans/blueprints and future plan information for your architect.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,960,000 | $1,960,000 | $1,960,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,909 | $12,876 | $17,074 |
Total Monthly Payment | $12,034 | $13,001 | $17,199 |
* 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.