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Enjoy beautiful sunsets on the south facing TERRACE, from this beautifully renovated luxury hotel coop unit at the iconic Lombardy Hotel! This spacious two bedroom two and one half bathroom duplex with fireplace and TERRACE in the famed Lombardy Hotel.
Located between Park Avenue and Lexington Avenue, the historic Lombardy was built in 1927and developed by William Randolph Hearst. Residents enjoy luxury white glove services including 24 hour doorman, concierge, a beauty salon and coffee shop, package delivery and fitness center.
The Lombardy is steps away from all major public transportation at 59th Street and close by to Grand Central Station. Located right in the heart of manhattan off Park Avenue on 56th Street, it is steps to Central Park with easy access to the Bridge to travel to the Hamptons or Connecticut, and within a short walk to for those working in midtown to, the United Nations, Lennox Hill Hospital, or the medical corridor just north of the Bridge, or a quick Uber ride to Wall Street. This amazing property also offers close proximity to world-class shopping and excellent dining such as Casa Lever, BLT, Lobster Club, Jardin, neighborhood and international favorites. Located directly across the street from The Lombardy, 425 park Avenue, a $1 billion dollar, 47 story tower designed by Foster + Partners. Also, in the neighborhood is the iconic 432 Park Avenue.
Foreign and Corporate buyers are welcomed. Pet Friendly too! there is a 2% Flip Tax. Assessment of $2, 863. 69 in place until July 2028
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:
$850,000
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 | $680,000 | $680,000 | $680,000 |
| 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 | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,692 |
| Total Monthly Payment | $3,900 | $4,224 | $5,784 |
* 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.