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Presented by
Jessica Stanney |
Fully Renovated with the Finest Finishes with Direct Views Over Park Avenue. Welcome to this Elegant Prewar 2 Bedroom Condominium Residence with Separate Formal Dining Room which can be converted to a 3 bedroom/Den/Home Office. Enjoy bright and beautiful light from this stunning corner residence with prime East & North open exposures facing Park Avenue. Enter through a warm and gracious entry gallery which effortlessly leads into an expansive custom-paneled living room with a distinguished decorative fireplace. The flexible and spacious dining room is perfect for glamorous gatherings and entertaining or it can easily be used as a home office or separate den. The windowed eat-in chef's kitchen features Smallbone of Devizes cabinetry, Pietra Cardosa granite countertops, Italian porcelain floors, appliances by Subzero and Bertazzoni, and a Bosch washer and dryer. The luxurious and grand primary bedroom has a double exposure, also facing Park Avenue and features 2 generous closets, and a windowed en-suite crema marfil marble bathroom with radiant heat floors. The spacious secondary bedroom also features generous proportions with a large custom closet. The secondary bathroom is finished in Thasos marble with radiant heat floors. Additional features include high ceilings, exquisite oak chevron floors, double pane windows and individual HVAC controls, and generous custom closets throughout. 530 Park Avenue is a distinguished pre-war condominium, originally designed by architect George F. Pelham Jr. in the early 1940s and reimagined as a boutique luxury residence in 2013 by renowned RFR holdings. With interiors by William T. Georgis, one of Architectural Digest's "Top 100" design firms. The building blends classic architecture; bay curved windows, limestone facade, and deco influences with contemporary sophistication and modern conveniences. In a highly coveted location, where condominiums are rare, this building is a true treasure. Residents enjoy a full suite of premium amenities, including a 24-hour doorman and concierge, state-of-the-art fitness center overlooking a landscaped courtyard and French garden with reflecting pool, residents' library with billiards, media lounge, children's playroom, catering kitchen, bike storage, package room, and commercial-grade laundry facilities. Perfectly positioned on the Upper East Side's most coveted boulevard, 530 Park Avenue offers an extraordinary lifestyle in one of Manhattan's most prestigious addresses. Please note, there is a 2 month common charge working capital contribution paid by 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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,100,000
REALTOR
William Raveis Real Estate
Phone: 508.713.3044
Jessica.Stanney@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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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 | $4,080,000 | $4,080,000 | $4,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,847 | $24,462 | $33,881 |
| Total Monthly Payment | $22,972 | $24,587 | $34,006 |
* 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.