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Located in one of Manhattan's most sought-after downtown neighborhoods, this trophy duplex penthouse with a 616-square-foot private terrace represents the pinnacle of loft living.
Spanning approximately 1, 815 square feet, this beautifully renovated two-bedroom, three-bathroom residence with a home office seamlessly blends grand proportions with modern luxury. Upon entering the lower floor you are welcomed by a spacious foyer that opens to an impressive living and dining area featuring soaring 11-foot ceilings and striking arched windows that flood the home with natural northern light.
The main level offers a thoughtfully designed layout, including a chef's kitchen outfitted with premium Sub-Zero and Gaggenau appliances, a generously sized secondary bedroom with an en-suite bath, a home office with custom sliding glass privacy panels, and an additional full bathroom.
A sweeping staircase leads to the upper level, where the full glass wall of the private primary suite opens directly onto a spectacular 616-square-foot terrace. A custom bespoke full glass closet with interior dramatic lighting sets off this stunning bedroom with en suite full bathroom including tub. The terrace is entered through one of two glass doors, and is perfect for entertaining, al fresco dining, or simply relaxing outdoors. This exceptional space serves as a true extension of the home.
Additional features include freshly refinished wide-plank oak floors, brand-new full-size washer and dryer, elegant limestone bathrooms and central heating and air conditioning. The lighting is pre-wired for Lutron controls.
Originally built in 1906, The Grand Madison is one of Fifth Avenue's most iconic prewar landmarks, ideally positioned on the northern edge of Madison Square Park. Residents enjoy an exceptional level of service and amenities, including a 24-hour doorman, concierge, fitness center, in-house dry cleaner and seamstress, daily housekeeping services, and dedicated on-site handymen.
Just outside your door, enjoy immediate access to Madison Square Park and some of the city's most celebrated dining and lifestyle destinations. Neighborhood favorites include Eleven Madison Park, Ilili, Scarpetta, and the culinary offerings of Eataly NYC Flatiron, creating an unparalleled downtown lifestyle experience.
Working capital contribution equal to two months of common charges payable by buyer.
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:
$4,250,000
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 |
|
|---|---|---|---|
| Loan Amount | $3,400,000 | $3,400,000 | $3,400,000 |
| 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% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,305 | $20,385 | $28,691 |
| Total Monthly Payment | $19,430 | $20,510 | $28,816 |
* 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.