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Perfectly located on East 63rd Street, this expansive five-bedroom apartment at 570 Park Avenue offers an extraordinary combination of luxury, space, and sophistication. Renovated by David Kleinberg and spanning nearly 4, 000 square feet, this splendid residence is defined by grandly scaled rooms, high ceilings, and lovely northern, eastern, and southern outlooks. A private elevator landing leads to a welcoming, square Gallery, opening to three elegantly proportioned entertainment rooms: the Living Room with a wood-burning fireplace, the corner Library with western glimpses of Central Park and a wet bar, and the handsome Dining Room, all with leafy northern views above East 63rd Street. Nearby, a large chef’s Kitchen features a central island and a seating area with a banquette and is supported by a Laundry Room and powder room. Separated by a large bedroom wing central Hall, the tranquil, south-facing Primary Suite has great privacy. Featuring a wood-burning fireplace, the grandly-sized Primary Bedroom has a separate Sitting Room and Dressing Room, as well as a spacious bathroom with a full-sized shower and separate soaking tub. There are four additional bedrooms, each with an ensuite bath and very ample closets. 570 Park Avenue, designed by Emery Roth and developed by Bing & Bing, was completed in 1916. With a two-story white marble base and a discreet canopied entrance on East 63rd Street, the building projects a quiet elegance, also reflected in the residences within. The building’s amenities include a 24-hour doorman and porter, a highly-regarded resident manager, private storage, and a fitness center. Currently configured as two apartments that are used as one by the current owner, this offering presents the opportunity to create a unified, circular floor plan with a private elevator landing.
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:
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$5,600,000
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 | $4,480,000 | $4,480,000 | $4,480,000 |
| 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 | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,050 | $26,144 | $36,605 |
| Total Monthly Payment | $24,175 | $26,269 | $36,730 |
* 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.