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INCOME PRODUCING PENTHOUSE
Delivered fully furnished and move-in ready, Penthouse 40C presents a rare opportunity as a luxury pied-a-terre or an income-producing investment. Owners, their families, and guests may enjoy the residence for up to 120 nights per year, while The Ritz-Carlton's expertly managed Rental Program offers seamless nightly, weekly, or monthly leasing options when not in use.
Soaring nearly 500 feet above Manhattan's iconic skyline, and at the top of the newest tower by internationally acclaimed architect, Rafael Vinoly, PH40C offers an extraordinary, high-floor 989 SF 1-bedroom, 1. 5-bathroom western penthouse suite with unparalleled panoramic views through oversized picture windows-with 12-foot mullion-free panes south to One World Trade, the Statue of Liberty, and well beyond.
PHC is the largest 1-bedroom penthouse residence- featuring premium custom interiors with white oak floors and millwork throughout. With over 10-foot ceilings, the luxurious and sophisticated space includes a Poliform kitchen with honed white Quartzite island, backsplash and countertop, as well as Bronzed glass cabinetry with integrated LED lighting. A top-of-the-line Miele appliance suite with double (speed steam and convection) ovens, an induction stove and dual-zone wine storage complete this perfectly conceived kitchen.
The lavish primary bathroom emanates luxury with Bardiglio Nuvolato marble floors and walls, a Duravit deep soaking tub and Dornbracht fixtures. A separate shower and water closet with frameless, acid-etched glass doors, dual ceiling mounted rain-shower and slide-bar fixtures, as well as a custom-carved Terrazzo double-sink elevate the spa-level bathroom experience. The separate powder room features honed marble floors and a custom-carved Terrazzo sink and basin. Additional details include an owner's closet to store belongings when not in town, Miele stacked washer and dryer, and a Lutron panel for lighting and drapery controls.
Unlike any other product ever developed in Manhattan, the Penthouses Residences are the perfect NYC pied-a-terre, replete with The Ritz-Carlton gold-standard of service, best-in-class amenities and helicopter views. .
Offering price includes a custom, fully furnished and turn-key residence.
The Ritz-Carlton Residences, New York, NoMad are not owned, developed or sold by The Ritz-Carlton Hotel Company, L. L. C. or its affiliates ("Ritz-Carlton"). RP 1185, LLC uses the Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company L. L. C.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$4,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,159 | $21,874 | $30,136 |
| Total Monthly Payment | $20,284 | $21,999 | $30,261 |
* 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.