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New York (Midtown East), NY, 10022 | $3,500,000
480 Park Avenue 19C welcomes you back to a bygone era of absolute grandeur and extravagant living. This exquisite full-service bldg. now offers an expansive and unbelievably special Classic 7 home. This 4 Bedroom 4 Bath home is perched on the 19th Floor with amazing primary southern exposures as well as west and east exposures. From the moment you arrive onto a semi private landing you know you are in for something special. Upon entering, you know you were right! You are greeted by a gracious gallery. Just to the right is one of the most exceptional Living Rooms you will ever see. The scale is simply GRAND. On the opposite side is a formal dining room, which has been modified to create a bar area as well as a sitting/reading / TV area. The kitchen has a ton of storage and space to release your inner chef. Then the 4th bedroom, which can also be a den or guest bedroom. Once you go back to the entry you see a long hallway which leads to the other three (3) bedrooms. The primary bedroom has south and west exposures and is also an enormous space, with primary bath and large walk in closets. The two additional bedrooms in this wing are equally wonderful in size and scale with ensuite bathrooms and walk in closets.
This home has an abundance of high end prewar detail; High lofty ceilings, aged Tigerwood oak floors, beautiful moldings, 3 decorative fireplaces and storage galore. Additionally, there is one (1) storage room on another floor available for sale (for an additional cost) approximately 16 'L x 6' W x 10' H.
Please note, this special home needs some TLC and awaits your vision to make it your own.
Completed in 1929 by esteemed architect Emery Roth, 480 Park Avenue is a full-service co-op with doorman, concierge, a live-in resident manager, a truly stunning lobby with entrances on Park and 58th Street, an exquisite roof garden, a gym, located in the most central and coveted location, with great hotels, restaurants, shopping, and Central Park just 2 blocks away. Electric & Cable are included in maintenance fee.
Pied-a-terres, pets (case by case), and 50% financing allowed. There is a 2% Flip Tax paid by buyer
Features
- Town: New York
- Cooling: Wall Unit(s)
- Levels: 20
- Rooms: 7
- Bedrooms: 4
- Baths: 4 full
- Laundry: Building Other
- Complex: 480 PARK AVE. CORP.
- Year Built: 1929
- Common Charge: $6,230 Monthly
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20092307
- Days on Market: 9 days
- Website: https://www.raveis.com
/prop/RLS20092307/480parkavenue_newyork_ny?source=qrflyer
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.Listing courtesy of Douglas Elliman Real Estate Phone: (212) 891-7000
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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New York (Midtown East), NY, 10022
$3,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $2,800,000 | $2,800,000 | $2,800,000 |
| 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 | $15,679 | $17,013 | $23,439 |
| Total Monthly Payment | $15,804 | $17,138 | $23,564 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535