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Sun-Filled Prewar 3BR with Juliet Balcony on Park Avenue
Bathed in beautiful southern and western light, Apartment 9W is an elegant 3-bedroom, 2. 5-bath prewar residence offering classic proportions, gracious entertaining spaces, and a charming Juliet balcony overlooking the Park Avenue Esplanade.
Accessed via a semi-private landing, the home opens into a welcoming foyer and central gallery that set the tone for the residence's timeless character. Nearly 10-foot ceilings, oversized windows, hardwood floors, and refined architectural details create a warm and sophisticated atmosphere throughout.
The expansive corner living room is flooded with sunlight from multiple exposures and features a wood-burning fireplace and access to a lovely Juliet balcony - a rare and inviting feature that brings in fresh air and greenery from Park Avenue below. Adjacent to the living room, the generously scaled formal dining room offers an ideal setting for both everyday living and entertaining.
The thoughtfully designed kitchen features excellent storage and workspace, stainless steel appliances, and an in-unit washer/dryer.
Privately situated away from the entertaining rooms, the bedroom wing offers a comfortable and functional layout. The primary bedroom enjoys beautiful light, generous closet space including a walk-in closet, and an en-suite bath. A second well-proportioned bedroom sits nearby, while the third bedroom is ideal as a guest room, nursery, or home office.
Built in 1908 and designed by Pollard & Steinam, 863 Park Avenue was the first residential building constructed on Park Avenue above 57th Street. With only 25 residences and two apartments per floor, the cooperative offers an intimate and distinctive old-world ambiance rarely found today. Amenities include a full-time elevator operator, resident manager, bicycle room, laundry room, and private storage cage that transfers with the apartment.
Perfectly positioned moments from The Carlyle, The Mark, Sant Ambroeus, Madison Avenue boutiques and restaurants, world-class museums, top schools, and Central Park, Apartment 9W offers quintessential Upper East Side living.
The building is pet friendly, permits pieds-à-terre, allows up to 50% financing, and there is a 3% flip tax.
Please note there is an ongoing assessment of $406. 26/month through October 2029 to replenish the building's reserve fund.
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:
$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
| 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 | $11,177 | $12,128 | $16,709 |
| Total Monthly Payment | $11,302 | $12,253 | $16,834 |
* 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.