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Residence 11A/B - 35 East 75th Street
With a 56-foot wrap terrace, light from three exposures, and close to Central Park's sailboat pond and boathouse, Residence 11A/B at The Montclair is a distinguished ten-room home on the Upper East Side. Graciously proportioned, and rarely comes to market.
A grand entrance gallery sets the tone for the generous layout within. Sun fills the rooms throughout the day, with eastern, northern, and southern exposures drawing light from morning through afternoon. There are four bedrooms - readily reconfigurable as six - and 5. 5 bathrooms. Every bedroom is ensuite including the dedicated staff bedroom. The primary suite features a separate dressing room and direct terrace access. A proper laundry room with secondary hook-up completes the private quarters. 17 closets, oversized windows and thru-wall air conditioning throughout speak to a home designed without compromise.
The apartment's defining feature is its 56-foot wrap terrace - 725 square feet of planted outdoor space with eastern, northern, and southern exposures. Opening directly from the primary bedroom, living room, and a secondary bedroom, it accommodates multiple seating and dining arrangements with ease.
The Montclair is among the neighborhood's most distinguished postwar cooperatives. Full-time doormen and extensive building staff ensure seamless daily living and an exceptional level of service. A brand-new state-of-the-art gym, in-building elevator access to the basement valet garage, and two dedicated parking spaces - included in the $4, 948 monthly maintenance, along with utilities, two designated storage units and bike room access - a rare package. The Montclair is well-maintained, structurally sound and financially strong. The Co-op-owned retail spaces generate meaningful income that offsets operating costs.
Currently held as two units with separate stock certificates. No flip tax. Pets welcome. 50% financing permitted.
Originally built as a cooperative in 1959, The Montclair sits moments from Central Park, world-class museums, acclaimed restaurants, and efficient transit connections throughout Manhattan.
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:
$7,995,000
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 | $6,396,000 | $6,396,000 | $6,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $36,316 | $38,347 | $53,973 |
| Total Monthly Payment | $36,441 | $38,472 | $54,098 |
* 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.