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Beautifully renovated classic 7, offering three generously sized bedrooms and two full bathrooms in one of the Upper East Side's distinguished white-glove cooperatives. Positioned on a high floor, this elegant home enjoys sweeping open views of Park Avenue. A semi-private elevator landing opens into a gracious entrance gallery that flows seamlessly into a grand corner living room featuring a wood-burning fireplace and exceptional southern and western light. Double exposures frame stunning city vistas and create a warm, inviting atmosphere ideal for both entertaining and everyday living. The adjacent formal dining room is enhanced by built-in bookcases and abundant southern light, offering an elegant setting for intimate dinners or larger gatherings. The eat-in kitchen features top-of-the-line appliances (including a Wolf stove and oven and a Fisher & Paykel built-in microwave), a custom built-in banquette for informal dining, generous storage, oversized south and east-facing windows, and a separate hallway with in-unit Miele washer and dryer. All three bedrooms, situated in a private quarter, are spacious and overlook Park Avenue. The primary bedroom has an abundance of custom storage and a newly renovated windowed bath ensuite complete with double sinks. The secondary bath is positioned between the second and third bedrooms and also functions conveniently as a guest bathroom. Additional features of this fabulous home include high ceilings, beautifully maintained hardwood floors, prewar moldings and architectural details, through-wall air conditioning, excellent closet space throughout, and a private storage bin that transfers with the sale. Built in 1926, 1035 Park Avenue is a full-service cooperative with a 24-hour doorman, live-in resident manager, gym, bike room, and central laundry room. The building has excellent access to shopping, schools, cultural attractions, and public transportation. Pets and pied-a-terres are permitted, as is 50% financing. There is a 2% flip tax paid by the purchaser. Please note, there is an ongoing capital assessment of $413. 07 per month. Basic cable is billed monthly with the maintenance.
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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Our Executive Mortgage Banker:
$3,600,000
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 | $2,880,000 | $2,880,000 | $2,880,000 |
| 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% | 6.349% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,352 | $17,733 | $24,303 |
| Total Monthly Payment | $16,477 | $17,858 | $24,428 |
* 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.