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It feels like Paris when you enter this mint condition full floor residence from the private elevator landing. The gallery leads you to the glamorous living room complete with built-in storage flanking the fireplace with marble mantel from the legendary Plaza Hotel. Both the living room and dining room face west over Park Avenue, with a view of New York's most distinguished neighborhood.
The innovative renovation of the kitchen features glass and metal French windows which allows abundant light to filter in. The appliances include Wolf, Miele and SubZero as well as beautifully designed lacquer cabinetry.
In a separate wing there are two generous bedrooms. The primary bedroom has a generous walk-in closet with dressing area and a stunning marble bathroom with a heated floor. The second bedroom also comes with generous closet space, a marble bathroom and an added bonus room which can be used as a home office or nursery. In addition there is a laundry room and guest bathroom.
There is a heat and air conditioning system installed through-out the apartment plus generous storage space as well as a storage unit in the basement of the building that transfers with the sale.
Built in 1931 by Arthur Paul Hess, 891 Park Avenue is a 15 unit boutique co-op with a brick facade and three story limestone base. Amenities include a live-in Resident Manager and Doorman on duty 24 hours Friday to Sunday and 7AM to 11PM Monday to Thursday.
There is a semiannual real estate assessment of $11, 235 and a 3% Flip Tax. The building allows 50% financing and pets with Board approval.
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.
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$2,150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $1,720,000 | $1,720,000 | $1,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,102 | $10,037 | $14,054 |
| Total Monthly Payment | $9,227 | $10,162 | $14,179 |
* 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.