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Looking to create your dream home and bring your own design aesthetic to a classic Upper West Side residence? Apartment 4H at the iconic Majestic on Central Park West offers an exceptional opportunity.
Facing the Dakota with views toward Central Park from the corner of 72nd Street, this expansive prewar apartment is filled with natural light, elegant proportions and timeless Art Deco charm. Enter from a semi-private elevator landing into a grand foyer that creates both scale and privacy as the rooms unfold beautifully from one another.
Currently configured as a two-bedroom, two-bathroom home with an oversized living room, formal dining room, a den/bedroom and a maid's room off the kitchen, the apartment offers generous space for both entertaining and everyday living. Offered as-is, there is tremendous potential to reimagine the layout and create a truly bespoke residence.
Built in 1931, the Majestic is one of Central Park West's most celebrated Art Deco cooperatives, offering impeccable white glove service with a full staff and resident manager. Amenities include a landscaped roof terrace with sunroom, tranquil courtyard garden, fitness center, bike room, children's playroom and private storage.
Perfectly positioned across from Central Park and moments from museums, dining, shopping and transportation, this location embodies the very best of Upper West Side living.
The cooperative is pet-friendly, permits 50% financing and has a 2% flip tax.
Shown by appointment only.
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:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
| 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 | $11,199 | $12,152 | $16,742 |
| Total Monthly Payment | $11,324 | $12,277 | $16,867 |
* 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.