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Uncompromising quality and serene vistas of Central Park and the Manhattan skyline abound in this full floor 4, 322 square foot penthouse at Robert A. M. Stern’s lauded 520 Park Avenue. Meticulously renovated and conceptualized by the current owners, this 59th floor residence has been transformed into an exceptionally grand pied-a-terre using the finest of materials. Enter via a private key-locked elevator landing into the grand entry gallery, elegantly finished with marble slab flooring and trim, custom moldings, and framed with custom metal and glass pocket doors. Three grand entertaining rooms – a formal dining room, formal living room, and study/sitting room – all flow together beautifully, wrapping the northeast corner of the apartment and allow for large-scale gatherings as well as more intimate moments. These spaces are custom designed with details including intricate moldings and built-in millwork, white oak herringbone flooring, and stunning northern views of Central Park and eastern exposures to the river through oversized windows. The windowed eat-in kitchen, custom-designed with hand-painted Christopher Peacock cabinetry, offers an expansive central island, Covelano Oro marble countertops, and a full appliance package including Wolf, Sub-Zero, and Miele appliances. Encompassing the southeast corner of the residence, the home’s primary suite has been crafted for the ultimate in privacy and convenience. A south-facing primary bedroom with views of the Empire State Building, two primary bathrooms finished in Caldia Classico and Arabescato marble, and two walk-in closets make for an enviable retreat. A private en-suite guest bedroom facing south, powder room finished in white onyx, and separate laundry facilities complete this rare offering. Currently configured as a generous two-bedroom with multiple entertaining rooms, it is easily convertible back to a three-bedroom home with three en-suite baths as indicated in the alternate floor plan. A private storage unit and wine cellar both transfer with this unit. Designed by the renowned architect Robert A. M. Stern and developed by Zeckendorf Development, 520 Park Avenue is an ultra-luxury limestone-clad skyscraper that defines modern opulence on Manhattan’s Upper East Side. This exclusive boutique tower features only 35 full-floor and multi-floor residences, each offering access to over 15, 000 square feet of world-class amenities - headlined by a vaulted double-height indoor swimming pool bathed in natural light from a landscaped garden above. Additional features include a bi-level state-of-the-art fitness center, a private screening room, a walnut-paneled salon, and more. Every detail, from the grand bronze entry doors to the hand-carved stone latticework, is crafted to evoke the timeless elegance of New York's historic 1920s apartment houses while providing the absolute height of 21st-century comfort.
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.
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Our Executive Mortgage Banker:
$40,000,000
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 | $32,000,000 | $32,000,000 | $32,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $179,191 | $194,435 | $267,878 |
| Total Monthly Payment | $179,316 | $194,560 | $268,003 |
* 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.