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Spanning nearly 3, 100 square feet, this stunning 3-bedroom, 4-bathroom residence was designed by renowned architect Sergio Mercado, and has been featured in architectural magazines. The renovation seamlessly combined 2 units, offering a spacious layout. Notable features include motorized Lutron light-filtering and blackout shades in every room, a steam shower, and a versatile laundry room that can also serve as an office or guest bedroom.
The large corner living room offers North and East exposures with partial Central Park and East River views, plus sunlight streaming through the windows with views of St. Patrick's Cathedral. The living room is so large that a 4th bedroom could be created, please see alternate floorplan. The entire space is unified by 5-inch fumed white oak plank floors throughout.
The open Poggenpohl kitchen boasts a Quartzite waterfall countertop island with room for stools, matching Quartzite backsplash, and top-of-the-line appliances, including a Viking 6 burner induction cooktop, JennAir convection oven with separate microwave, Sub Zero refrigerator, a massive Sub Zero wine fridge measuring over 2 feet by 6 feet tall, Miele dishwasher, and a Miele hood that vents out. Gorgeous marble floors feature terracotta and white striations. An enormous eat-in counter made from a single tree trunk by Hudson Furniture spans the eastern windows.
All bedrooms have separate central heat and air conditioning with individual thermostats. The primary bedroom suite is privately separated by a floor-to-ceiling lockable door. It includes 2 spacious walk-in closets, bookshelves flanking both ends, and a luxurious en-suite bathroom with a rare Steam Shower and Toto washlet bidet.
All bathrooms feature unique rippled laser-fluted marble walls and brushed marble floors, with double vanities in the primary and second bathrooms. Robern medicine cabinets provide ample storage and outlets inside.
A 39-foot gallery leads to the primary bedroom suite, perfect for displaying large artwork. The second and third bedrooms are king-sized, each with custom storage systems. A separate laundry room with its own private entry ensures the utmost privacy and convenience. This room has access to a full bathroom and a stacked Miele washer/dryer. A private entrance from the building's hallway into this room makes this an ideal housekeeping or office quarter.
Olympic Tower, at 51st St and 5th Ave, offers discrete luxury living with 24-hour white glove concierge service, doorman, gym, valet parking, package room, bike storage, and an on-site management office. Past residents include Anne Hathaway and Nicholas Cage. The building features a 4-pipe HVAC system, an on-site generator, 4 elevators, and a service elevator.
Showings are by appointment only. LLC, corporate purchases, pieds- -terre, and rentals are allowed. 1% transfer fee. No dogs, but service dogs are welcome. Please note: taxes reflect primary residence abatement. Purchase as an LLC, corporation, or non primary resident will be approximately $ 5, 771 per month.
Also available for rent at $ 23, 000 per month.
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Our Executive Mortgage Banker:
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$7,400,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $5,920,000 | $5,920,000 | $5,920,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,613 | $37,906 | $50,357 |
Total Monthly Payment | $33,738 | $38,031 | $50,482 |
* 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.