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A Paradigm of Modern Grandeur Just Off Park Avenue Situated on a regal, tree-lined corridor in the heart of Lenox Hill, 123 East 61st Street represents the apex of new construction townhome design. Rising six stories on a 20-foot wide lot, this bespoke residence bridges the gap between classic Upper East Side stateliness and contemporary urban functionality. Every inch of the 6-bedroom, 8. 5-bathroom home has been commissioned with an uncompromising attention to detail, resulting in a residence of rare sophistication. Behind a striking custom stucco façade, the home reveals a curated palette of materials. Carlisle wide-plank oak floors ground the space, while a custom spiral staircase, accented by Kelly Wearstler sconces, acts as a sculptural spine connecting the levels. A commercial-grade elevator, finished with wood-stained panels and imported Spanish tiling, ensures seamless accessibility from the finished cellar to the roof. The residence is fully fortified for modern living with a comprehensive Lutron automation system, integrated audio, and high-performance Crystal Window casements. The garden level serves as the informal heart of the home. Past a foyer illuminated by chic FLOS lighting and a powder room featuring aluminum arrow tiling, the floorplan unfolds into a luminous open-concept kitchen and family room. The culinary suite is a study in texture and utility, featuring Pedini cabinetry, a cascading waterfall island of Calacatta marble, and a Dornbracht pot filler. A full suite of integrated Gaggenau and Miele appliances supports the highest level of cooking. This level extends fluently outward to the private backyard, which is atmospherically lit by LED sconces. Ascending to the parlor floor, one finds the residence’s formal entertaining spaces. A gas-burning fireplace anchored by a marble surround warms the living room, while the dining room offers views of the garden below. This space is elevated by a Kelly Wearstler chandelier and a bespoke dining cabinet topped with marble, housing a Miele wine preservation system. The second floor is dedicated entirely to the primary suite, a self-contained sanctuary comprising a spacious sleeping chamber, a private sitting room with a fireplace, and a voluminous walk-through closet. The en-suite bathroom evokes a European spa, appointed with imported Spanish tiles, radiant heated floors, a double Porcelanosa vanity, and a freestanding soaking tub adjacent to an oversized shower with body jets. The residential narrative continues on the third, fourth, and fifth floors, which house five additional bedrooms and a generous game room featuring a linear electric fireplace set in natural stone. Each bedroom is serviced by a custom closet and a private en-suite bath finished with Bianco Lasa Vena marble. The crown of the structure is a tranquil rooftop deck, paved with imported anti-slip stone and pre-plumbed for an outdoor kitchen and wet bar—an ideal vantage point for evenings in the city. The home is completed by a finished cellar containing a fun playroom, full-sized home gym, a full bath and extensive laundry facilities. Located close to Park Avenue, this residence offers immediate access to the cultural nexus of New York City. With Central Park, Grand Army Plaza, and the luxury hospitality, retail, and central business corridor of Midtown just moments away, 123 East 61st Street offers a lifestyle of unparalleled cosmopolitan convenience.
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:
$19,500,000
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 | $15,600,000 | $15,600,000 | $15,600,000 |
| 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 | $12,909 | $12,909 | $12,909 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $87,356 | $94,787 | $130,590 |
| Total Monthly Payment | $100,390 | $107,821 | $143,624 |
* 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.