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Residence 505 is a thoughtfully composed 666-square-foot one-bedroom, one-bath residence with a 77-square-foot private terrace and southern exposures. The layout is defined by over 10-foot ceilings with 8-foot windows, creating a clear sense of spatial clarity.
The open kitchen is refined and well-planned, featuring rift-sawn Italian White Oak cabinetry, adorned with honed Taj Mahal quartzite countertops with countertop seating, and full-height backsplash, with fully integrated JennAir appliances-including an oven, cooktop, microwave drawer, and paneled refrigerator. The great room extends seamlessly to the terrace, offering a fluid transition from interior elegance to open sky.
The bedroom is tranquil and proportioned for comfort, while the bathroom is wrapped in natural textures - custom White Oak dual vanity with integrated lighting, quartzite countertops, glass-enclosed rain shower and Brizo fixtures in brushed Luxe Gold.
Interiors are finished with 7-inch wide White Oak plank flooring and 4-hinge solid wood interior doors throughout. Additional features include an in-residence Bosch washer and dryer, and zoned climate control for year-round comfort.
At Malabar Residences, your arrival begins with a soaring five-story entrance on 57th Street, a dramatic threshold that transports you into a residents-only private world, with the luxurious benefit of a discreet porte cochère and a 24-hour attended lobby for seamless arrivals and departures.
The property's one-of-a-kind lifestyle unfolds across five levels of meticulously curated amenities. Residents may choose the Oasis Garden on the fourth floor, featuring a game room with dual catering kitchens, children's playroom, and a landscaped outdoor terrace. Alternatively, on the 13th floor, CLUB13 offers an integrated indoor-outdoor lounge and bar open to a covered terrace designed for entertaining in every season. At its peak, a rooftop terrace crowns the building, perfect for al fresco dining and entertaining surrounded by views of the city skyline and Central Park.
Wellness is woven into daily life across two dedicated levels. Swimmers will enjoy a soaring double-height pool with an oversized spa pool, steam room and sauna, while others will be drawn to the state-of-the-art fitness center, and sprawling multi-sport half court.
With design throughout by ODA Architecture, Malabar Residences represents a new jewel in the center of Manhattan where stature meets serenity.
Exclusive Sales & Marketing Agent: Douglas Elliman Development Marketing. The complete offering terms are in an Offering Plan available from MRR 1326 LLC ("Sponsor") having an address at 600 Madison Avenue, 20th Floor, New York, New York 10022. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, File No. CD24-0247. Equal Housing Opportunity.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,930,000
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 | $1,544,000 | $1,544,000 | $1,544,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,289 | $9,010 | $12,616 |
| Total Monthly Payment | $8,414 | $9,135 | $12,741 |
* 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.