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Townhouse Duplex with Private Garden Between Park and Madison.
Welcome to 40 East 74th Street #1, a sprawling two level duplex tucked along one of the Upper East Side's most beautiful townhouse blocks between Park and Madison Avenues. Just moments from Central Park and surrounded by Madison Avenue boutiques, galleries, and iconic neighborhood destinations, this residence offers an exceptional blend of privacy, space, and location.
The main level opens with a proper entry foyer and double closets, leading to a gracious west facing living and dining room. A curved wall of bow windows fills the space with warm afternoon light, while built in shelving, wood floors, and a wood burning fireplace create a classic and inviting setting. A newly added bar with wine refrigerator enhances the entertaining flow.
Adjacent, the eat in kitchen features marble countertops, stainless steel appliances including a Sub Zero refrigerator, and a built in banquette with desk for casual dining and work from home flexibility. A secondary bedroom with a windowed en suite bath completes this level.
The lower level functions as a full floor primary suite, offering exceptional scale and privacy. Large bow windows overlook the home's private garden, bringing in soft natural light. The suite includes multiple closets, a vanity area, recessed lighting, and space for a king sized layout.
The windowed primary bathroom features a soaking tub, separate stall shower, and direct access to the garden, creating a seamless indoor outdoor connection. The private garden is exclusively yours, providing a quiet retreat for dining, relaxing, or entertaining.
Additional highlights include central air conditioning, excellent storage including a private closet just outside the door, shared laundry with convenient access, and a well maintained intimate cooperative. A rare opportunity to own a private garden duplex on a prime Park to Madison block, offering exceptional scale and value at $1, 425, 000.
The building is meticulous and professionally managed. There is an elevator, storage, pet friendly, 80% financing, co purchasing, gifting and subletting allowed.
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:
$1,425,000
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 | $1,140,000 | $1,140,000 | $1,140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,473 | $7,019 | $9,620 |
| Total Monthly Payment | $6,598 | $7,144 | $9,745 |
* 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.