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This grand Classic 9 room home in a top Park Avenue Co-op is available for the first time in over 40 years.
The original details are intact and have been beautifully maintained over the years.
This rarely available line at 1075 Park has large, beautifully proportioned public entertaining rooms, two spacious private bedroom wings and a large service wing all opening from a large central gallery.
The large, gracious living room, with wood burning fireplace, has French doors that open to a grand formal dining room.
The formal dining room has a full service pantry leading to a large working kitchen and service hall leading to two staff rooms (one with washer and dryer) and full staff bath.
There are two bedroom wings for a total of 4 bedrooms (all with through wall air conditioning) and two full bathrooms. All face Park Avenue with views of the Park Avenue mall and the architectural details of the buildings on the west side of Park Avenue.
The north bedroom wing has the corner primary bedroom and second bedroom/library. There is a full bathroom that both bedrooms can access.
The south bedroom wing has two very large bedrooms with generous closets and a full bathroom that both bedrooms can access.
The apartment has a separate storage unit in the basement.
1075 Park Avenue is a full service co-op with live in Resident Manager, 24 hour door attendants, full staff of porters and handymen,
gym, bike storage and central laundry room.
The building allows 50% financing and has a 2. 5% flip tax payable by the purchaser.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,250,000
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 | $3,400,000 | $3,400,000 | $3,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,775 | $20,112 | $28,007 |
| Total Monthly Payment | $18,900 | $20,237 | $28,132 |
* 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.