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850 Park Avenue, Apartment 9C This exquisite pre-war 7-room apartment epitomizes timeless elegance and modern sophistication. Located in one of Park Avenue’s most distinguished white-glove co-op buildings, this newly renovated residence is a rare gem. Upon entering through a semi-private elevator landing, you are greeted by a grand foyer, setting the tone for the home’s grandeur. The spacious apartment boasts soaring 11. 5-foot ceilings, oversized rooms, and impeccable finishes throughout. The centerpiece of the home is the Christopher Peacock chef’s kitchen, thoughtfully redesigned to incorporate the former staff room. This expansive windowed eat-in kitchen features a Wolf gas range with a custom hood, stunning Calacatta gold countertops, and an array of top-tier appliances, including a Sub-Zero refrigerator, freezer, beverage center, microwave oven, and a washer-dryer. Ample pantry space and bespoke cabinetry enhance both form and function. The elegant living and dining rooms are bathed in natural light from oversized double windows. The living room features a working wood-burning fireplace, while the dining room comfortably accommodates up to 14 guests, perfect for grand entertaining. A chic powder room off the foyer completes the public spaces. This home was perfectly designed to balance everyday comfort with exceptional spaces for entertaining. The private bedroom wing includes a luxurious primary suite with a Waterworks marble bathroom, featuring metal-edged details and plumbing for an additional vanity. Two additional bedrooms share a sumptuous bathroom, all meticulously renovated to the highest standard. Throughout the apartment, gorgeous hardwood floors, brand-new windows, and updated HVAC and plumbing systems exemplify modern convenience within a classic pre-war setting. A storage unit comes with the apartment. Building Details: Built in 1914 by Rouse & Goldstone, 850 Park Avenue is a full-service, pet-friendly cooperative offering exceptional amenities, including a fitness room, laundry room, bike storage, basketball court, and an outdoor play area with a landscaped courtyard. The building permits 30% financing and has a 2. 5% flip tax, payable by the buyer. NOTE: Window treatments and lighting fixtures are not included. Located between 76th and 77th Streets on prestigious Park Avenue, this immaculate home presents a rare opportunity to own in one of Manhattan’s finest addresses. Conveniently located near Central Park, an abundance of both fine and casual dining options, world class shopping, and museums.
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$4,995,000
William Raveis Real Estate
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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 | $3,996,000 | $3,996,000 | $3,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,689 | $25,587 | $33,991 |
Total Monthly Payment | $22,814 | $25,712 | $34,116 |
* 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.