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Grand-scale, high floor, approximately 3, 100 sq ft, renovated classic 9 room apartment, with a semi-private landing, 4 bedrooms, 4 bathrooms, eat-in kitchen, a formal dining room/library, and 2 wood burning fireplaces. There is also a bonus room on the 2nd floor. Designed by award winning designer Michelle Gerson, the home seamlessly blends classic prewar charm with modern sophistication.
A semi-private landing opens to a gracious entry gallery that leads into a dramatic 37-foot-long living room, anchored by a wood-burning fireplace and framed by five oversized south-facing windows that flood the space in natural light throughout the day.
Adjacent to the living room is a formal dining room/library, offering an elegant and versatile entertaining space. The brand-new, windowed eat-in kitchen is both beautifully designed and highly functional, featuring custom cabinetry, quartz countertops, and top-of-the-line appliances. Highlights include a Sub-Zero refrigerator, Sub-Zero refrigerator/ freezer drawers, a vented Wolf six-burner range with grill and double ovens, a Miele dishwasher and microwave, and a garbage disposal and walk-in pantry.
Just off the kitchen is a versatile home office or staff room with its own en-suite bath and a separate laundry room equipped with a full-size Electrolux washer and vented dryer, and additional storage.
The primary suite offers southern exposure, a windowed marble bathroom, and a separate oversized custom walk-in closet. Three additional bedrooms offer excellent proportions and storage, with two full bathrooms, including one en-suite. This residence also comes with a private staff room on the second floor (maintenance: $604. 45/month) and a large dedicated storage bin.
Additional features of this exceptional home include well-proportioned rooms, ample storage, hardwood floors, two wood-burning fireplaces, custom woodwork, and Sonos.
340 East 72nd Street is a distinguished prewar cooperative built in 1930, offering white-glove service with a full-time doorman. Amenities include a recently renovated fitness center, a tranquil landscaped garden, a central laundry room, and bicycle storage. In a rare and charming touch, the building provides firewood to residents for their wood-burning fireplaces. With only 35 residences, the building ensures privacy and exclusivity. The building allows 50% financing, and there is a 2% flip tax payable by the purchaser.
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:
$4,850,000
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 | $3,880,000 | $3,880,000 | $3,880,000 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,030 | $23,890 | $32,742 |
| Total Monthly Payment | $22,155 | $24,015 | $32,867 |
* 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.