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Residence 50A at 432 Park Avenue
2 Bedrooms / 2 Baths / 1, 789 SF (166 SQM)
Positioned on the 50th floor of this iconic Park Avenue tower, Residence 50A encompasses 1, 789 square feet (166 square meters) of refined living space. Expansive northern and eastern exposures frame sweeping views of Central Park, the East River, and the Manhattan skyline, while soaring 12'6" ceilings and the building's signature 10' x 10' windows flood the residence with natural light throughout the day, creating a constantly evolving urban backdrop.
A gracious entry gallery introduces the home and provides a natural separation between public and private spaces. It leads seamlessly into a generous corner living and dining room, ideal for both elegant entertaining and everyday living. The main entertaining spaces face north and east, offering sweeping views of Central Park and the East River, framed by the building's iconic architecture and signature oversized windows, which define the residence throughout.
The windowed open kitchen is thoughtfully designed with white lacquer and natural oak cabinetry, marble countertops and floors, and a marble breakfast bar overlooking the East River. A full suite of Miele stainless steel appliances-including a gas cooktop, oven, warming drawer, refrigerator/freezer, and built-in microwave-offers exceptional performance within a clean, understated design.
The primary suite enjoys a coveted north-facing exposure with direct Central Park views and serves as a tranquil retreat within the home. Extensive custom built-in closets and storage enhance functionality, while the spa-like primary bathroom is clad in marble and appointed with radiant-heated floors, dual vanities, a deep soaking tub, and a separate glass-enclosed shower.
The second bedroom suite, positioned to capture East River views, is generously proportioned and features its own marble-clad bathroom. The powder room has been thoughtfully reconfigured to provide additional storage and may easily be restored to its original use if desired.
Completed in 2012, 432 Park Avenue was designed by renowned architect Rafael Viñoly and is prominently positioned on Park Avenue between East 56th and 57th Streets. Rising 1, 396 feet above Manhattan, it is among the tallest residential towers in the Western Hemisphere and one of New York City's most recognizable and coveted addresses.
Residents enjoy over 30, 000 square feet of impeccably staffed, world-class amenities, beginning with a dramatic marble-clad porte-cochère arrival. Amenities include an elegant residents' lounge, a 5, 000-square-foot landscaped terrace, a private restaurant with in-residence dining, outdoor dining areas, and a 75-foot indoor swimming pool. The building also features a state-of-the-art fitness center and a serene spa with sauna, steam, and massage rooms.
Additional amenities include a library curated by Assouline, billiards room, screening room, boardroom, playroom, and yoga studio. White-glove services include 24-hour concierge and doorman, in-suite dining and room service, and a fully staffed on-site parking garage with valet-delivering an exceptional level of privacy, service, and comfort at one of Manhattan's most distinguished residential addresses.
Ongoing Monthly Assessment in place of $3, 765. 89
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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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 |
|
|---|---|---|---|
| Loan Amount | $6,320,000 | $6,320,000 | $6,320,000 |
| 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 | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $33,446 | $36,882 | $51,640 |
| Total Monthly Payment | $33,571 | $37,007 | $51,765 |
* 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.