New York (Midtown East), NY, 10022 | $3,750,000

PLEASE NOTE THAT THE ABOVE-REFERENCED PRICE REFLECTS THE RESERVE PRICE FOR THE PROPERTY, WHICH IS BEING MARKETED FOR SALE BY LUXURY PRIVATE AUCTION. BIDDING IS OPEN NOW THROUGH MAY 16. SELLER RESERVES THE RIGHT TO ACCEPT OR REJECT BIDS. 5% BUYER'S PREMIUM. ADDITIONAL TERMS APPLY. PLEASE VISIT PARAMOUNT REALTY USA's WEBSITE FOR MORE DETAILS. Offered for the first time in over 15 years, this is a rare opportunity to own one of the very few whole ownership luxury residences at the legendary St. Regis Hotel. Located on the 11th floor, a semi-private elevator provides direct and discreet access to this sumptuous home. The residence enjoys three exposures to the west, south and east and is pin-drop quiet.

The gracious, expansive layout offers the ultimate privacy with a split-bedroom layout, three full marble baths and a Butler's Pantry with Sub-Zero refrigerator/freezer, microwave and coffee maker. Control the sound-system and climate with your touch and enjoy all the luxuries of a white-glove full-service hotel at your fingertips. Begin the day with a workout at the fitness center on the 19th floor and stroll downstairs in the evening for a cocktail at the King Cole Bar or dinner at Astor Court. The choices are yours.

This residence is the perfect pied-a-terre in the City; is a wholly-owned hotel condominium, and may be occupied by the owner a maximum of 181 days each year. You may designate other users or guests for additional days remaining in the year.

Located in the heart of midtown Manhattan, The St. Regis New York offers access to all of the luxuries of New York City, as well as its unique experiences. From the moment John Jacob Astor IV opened its doors in 1904, guests and long-term residents including Marilyn Monroe and Salvador Dali, have been greeted with timeless beauty and uncompromising service. This is your opportunity to continue the legacy.

ENJOY THESE AMENITIES: - Room Service - Butler Service - Housekeeping Services (for a fee) - Fitness Center (19th floor) - Fine dining at Astor Court (main floor) - Legendary cocktails at The King Cole Bar (main floor) - Salon Fodera (lower level) - Gift & Magazine Shop (lower level) - Cognac Room (main floor)

Features

  • Town: New York
  • Heating: Central
  • Cooling: Central Air
  • Levels: 20
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 3 full
  • Lot Size: 249.500000x100.420000
  • Laundry: Building Multiple Locations,Common Area
  • Year Built: 1903
  • Common Charge: $19,397 Monthly
  • Approx Sq. Feet: 1,394
  • Est. Taxes: $45,984
  • Pet Policy: Building No,Dogs OK
  • MLS#: COMP-735351464229461
  • Days on Market: 1165 days
  • Website: https://www.raveis.com
    /prop/COMP-735351464229461/2e55thstreet_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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New York (Midtown East), NY, 10022

$3,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $3,000,000 $3,000,000 $3,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment $3,832 $3,832 $3,832
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,987 $19,458 $26,133
Total Monthly Payment $21,944 $23,415 $30,090

* 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.