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Available July 1st! Elegant and contemporary, with stunning western Park Avenue views, this bright and spacious three bedroom duplex spans approximately 2, 500 sq. ft. Designed with an eye toward the finest finishes and fixtures, such as custom lighting and intricate moldings, this quiet and sophisticated home mirrors the intimacy of a townhouse with all the conveniences of a full-service condominium. The elevator opens directly into the handsome foyer which serves as the nexus for all parts of the home. The expansive living room overlooks landmarked buildings on Park Avenue through floor to ceiling windows and French doors that open to an exquisite Juliet balcony. It also boasts 10’ ceiling heights, a chic gas fireplace, and beautiful herringbone wood flooring. Across the foyer sits the dining room, featuring discreet custom cabinetry. Sleek and polished, the windowed chef’s kitchen boasts a suite of Miele and Sub-Zero appliances, Poliform cabinetry, and can be closed off with a pocket door. Rounding out the bottom floor is a large marble-clad powder room and a coat closet. Upstairs, the private quarters are a haven of serenity with three spacious bedrooms. The plush primary suite faces west onto Park Avenue and boasts ample storage with custom designed high-gloss closets, as well as a walk-in closet. The windowed ensuite bathroom features a soaking tub, a large glassed-in shower, double vanity and radiant heated floors. Two additional bedrooms sit beside one another and share a large marble clad bathroom with an oversized shower. Each room is outfitted with individual climate control, ensuring comfort throughout. A Miele W/D and two linen closets round out the top floor. With just 7 units, 985 Park is a boutique, limestone-clad, 15-story building designed by renowned architects Costas Kondylis & Partners and perfectly positioned on Park Avenue. Amenities include a full-time doorman and keyed private elevator access to each floor. Steps from Central Park and the world-class museums, shops, and restaurants of the Upper East Side, this is a stunning home for the most discerning buyer. Fees: Tenant Application Processing Fee (Non-Refundable) $700. 00 Submission Tenant Credit Check Fee (Non-Refundable) $120 per applicant Submission Tenant Move-In Deposit (Refundable) $1, 000. 00 Submission Domecile Fees (online portal) Applicant Single-Application Initiation Fee * $120. 00 Initiation Applicant Digital Submission Fee $65. 00 Submission
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:
$35,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $28,000 | $28,000 | $28,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $168 | $177 | $231 |
| Total Monthly Payment | $243 | $252 | $306 |
* 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.