730 Park Avenue, #7/8A, New York (Upper East Side), NY, 10021 | $18,000,000

Ideally located on East 71st Street and situated in one of Park Avenue’s most prestigious and sought-after pre-war cooperatives, this triple-mint high-floor duplex residence is distinguished by its timeless elegance, pleasing proportions, and impressive scale. Renovated to perfection by Dan Fink Studio, this five-bedroom home seamlessly blends coveted pre-war sensibility with today's sophistication and modern convenience and is delightful in every way. Accessed by a private elevator landing, the impressive Gallery, 27 feet in length, opens to three splendid entertainment rooms. A vast Living Room and adjacent Library, each with a wood-burning fireplace, face east over Park Avenue and are flooded with sunlight. Nearby, a formal Dining Room is ideal for entertaining. Beyond, the eat-in chef’s kitchen is perfectly appointed with a panoply of state-of-the-art appliances, banquette and island seating, and very plentiful storage, and is supported by a separate laundry room. Completing this level, a large informal Den and an efficient Office are welcome additions, and a conveniently located wet bar and stylish powder room ensure seamless entertaining. Upstairs, private quarters are serene and expansive. The Primary Suite is a delight, with a Park Avenue-facing Bedroom with a wood-burning fireplace. At 26 feet in length, this room is flooded with morning sunlight and supported by two very ample paneled Dressing Rooms with custom-fitted storage, and two marble bathrooms. There are three additional Bedrooms, each with an ensuite bathroom; two of these have glorious east-facing outlooks over Park Avenue. Completing this level is a separate staff room with an ensuite bathroom. Throughout this splendid residence, impressive scale, tall ceilings, and the pleasing proportions of the rooms lend themselves effortlessly to the notion of elegant entertaining. In addition, the apartment’s meticulous renovation underscores these attributes and incorporates exquisite custom finishes and modern convenience, such as air conditioning (Central and PTAC) , Lutron lighting, and sound and shade control systems. Designed in a Jacobean / Tudor style by master architects F. Burrall Hoffman, Jr. and Lafayette A. Goldstone in 1929, 730 Park Avenue is considered one of New York’s finest residential addresses. Impeccable staffing includes a full-time doorman and porters, as well as a highly-regarded resident manager. The building has recently renovated its beautiful marble-clad entrance lobby and offers its residents the use of a state-of-the-art private fitness center as well as dedicated storage units. Pets are welcomed. Co-exclusive.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 19
  • Amenities: Bike Room; Fitness Room; Laundry Room; Common Storage;
  • Rooms: 13
  • Bedrooms: 5
  • Baths: 6 full / 1 half
  • Laundry: InUnit,OnCommonFloor
  • Year Built: 1929
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Building Access : Attended Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: RLS20048740
  • Days on Market: 252 days
  • Website: https://www.raveis.com
    /prop/RLS20048740/730parkavenue_newyork_ny?source=qrflyer
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 Sotheby's International Realty, Inc.

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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730 Park Avenue, #7/8A, New York (Upper East Side), NY, 10021

$18,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $14,400,000 $14,400,000 $14,400,000
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 $80,636 $87,496 $120,545
Total Monthly Payment $80,761 $87,621 $120,670

* 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.