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Timeless Park Avenue Elegance, Beautifully Reimagined Originally designed by renowned architect J. E. R. Carpenter, Apartment 3A at 580 Park Avenue has been meticulously renovated with extraordinary care, preserving the home's original architectural integrity while thoughtfully updating it for modern living. The result is a rare combination of classic prewar grandeur and refined contemporary comfort, where every finish and detail feels both timeless and intentional. Occupying the coveted corner A-line, this exceptional nine-room residence is accessed via a semi-private landing and enjoys beautiful south and east exposures. At its center is Carpenter’s celebrated oval gallery, a striking architectural focal point that gracefully connects the apartment’s public entertaining rooms to its private bedroom wing. Throughout the home, original pre-war details have been carefully preserved and restored, including soaring ceilings, oversized windows, intricate moldings, gracious proportions, and elegant millwork. The grand living room, anchored by a wood-burning fireplace, overlooks tree-line views and seasonal plantings along the Park Avenue Mall through oversized east-facing windows. Adjacent, the corner library enjoys both southern and eastern light with lovely views down Park Avenue and offers flexibility as a distinguished guest suite with its adjacent bath and generous closet space. The formal dining room is beautifully scaled for both intimate dinners and larger entertaining, while the expansive eat-in kitchen has been tastefully renovated to blend seamlessly with the home’s original character. The private bedroom wing features three generously proportioned south-facing bedrooms with tranquil tree-line views and abundant closet space. The corner primary suite enjoys multiple exposures and exceptional natural light. Former staff quarters have been thoughtfully reconfigured into a spacious additional bedroom or home office. Built in 1923, 580 Park Avenue is one of Park Avenue’s most distinguished white-glove cooperatives, designed in an elegant Italian Renaissance palazzo style spanning the full block between 63rd and 64th Streets. Residents enjoy the highest level of service and privacy just moments from Central Park, the city’s finest museums, restaurants, and luxury shopping. 3% buyer-paid flip tax.
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:
$5,250,000
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 | $4,200,000 | $4,200,000 | $4,200,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,519 | $25,520 | $35,159 |
| Total Monthly Payment | $23,644 | $25,645 | $35,284 |
* 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.