791 Park Avenue, #7A, New York (Upper East Side), NY, 10021 | $7,000,000

GRAND 11-ROOM PARK AVENUE HOME

NEW TO MARKET! A grand and glorious Park Avenue 12-into-11-room, 5-bedroom, 5. 5-bathroom corner home with an oversized living room, formal dining room, library and additional office/staff room. Featuring 40 feet of Park Avenue frontage along both the living and dining rooms, there are also beautiful views over tree-lined 74th Street from the library and 3 bedrooms, including the primary suite. Apartment 7A at 791 Park Avenue is a perfectly configured and beautifully maintained pre-war home filled with natural light from oversized windows throughout, all in an elegant, full-service white-glove pre-war cooperative on a premier block of Manhattan's renowned Upper East Side.

Entering through a private landing, you are welcomed into the gracious gallery which leads you into a massive corner living room overlooking Park Avenue and East 74th Street. The living room is anchored by a handsome wood-burning fireplace, and beautiful sunlight floods the room from the west and north. Perfectly situated adjacent to the oversized living room is an expansive formal dining room also offering views west over Park Avenue. Designed for entertaining at scale or private gathering, these rooms are divided by a pair of floor-to-ceiling custom doors, allowing for grand receptions or an intimate dinner at sunset.

This western wing of the home also includes a sophisticated wood-paneled library, a discrete powder room perfectly positioned just off of the gallery as well as a massive windowed eat-in kitchen in beautiful condition and equipped with all modern appliances, enhanced by a dedicated breakfast room with banquette seating for more casual meals at home. There is an office/staff room just off of the kitchen with a full en-suite bathroom.

The bedrooms are all serenely situated in the private wing, on the eastern side of the apartment. There is a lavish corner primary bedroom suite with exposures to the east as well as north over East 74th Street. The newly renovated and enlarged windowed en-suite primary bathroom is equipped with an oversized vanity, a large glass-enclosed stall shower and a dedicated water closet. A second bedroom suite adjacent to the primary suite has been incorporated as a study with an en-suite bathroom but is easily restored to its original use as a separate bedroom. There are three additional bedrooms, two of which face north over East 74th Street and have dedicated en-suite bathrooms.

Built in 1924 by renowned architects George and Edward Blum, 791 Park Avenue features a two-story rusticated limestone base with a facade of elegant beige brick. Situated in Manhattan's prime East 70's on the southeast corner of East 74th Street and Park Avenue, the building offers immediate proximity to Central Park, Museum Mile and famed world-class boutiques and galleries along Madison Avenue as well as the city's best dining experiences all around. New York City's finest cultural and educational institutions are within blocks as well. Residents of 791 Park Avenue enjoy a dedicated full-time staff including a 24-hour doorman and a live-in resident manager. There is a state-of-the-art fitness center as well as assigned private storage, bicycle storage and central laundry. Pets are allowed, and financing is permitted up to 50%. There is a 2% flip tax.

This is a co-exclusive by Sloane Square and Brown Harris Stevens.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 15
  • Amenities: Fitness Room; Laundry Room; Private Storage;
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Laundry: InBasement
  • Year Built: 1925
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Concierge: FullTime
  • Doorman: FullTime
  • OLR#: RLS20095596
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /prop/RLS20095596/791parkavenue_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 Brown Harris Stevens Residential Sales LLC

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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

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791 Park Avenue, #7A, New York (Upper East Side), NY, 10021

$7,000,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,600,000 $5,600,000 $5,600,000
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% 6.223% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,358 $34,026 $46,879
Total Monthly Payment $31,483 $34,151 $47,004

* 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.