475 Park Avenue, #11BC, New York (Midtown East), NY, 10022 | $4,700,000

Extraordinary and Elegant -- words that best describe this rare three bedroom, four bath, bright and spacious Park Avenue residence with over 75 feet of frontage on Park Avenue. A wall of windows showcase Park Avenue's ever-changing floral displays and art installations, making Apartment 11BC a residence like no other.

A gracious 19 foot-entry foyer, which separates the entertainment space from the private bedroom wing welcomes you into an apartment of grand scale and proportions. Impressive 10 foot ceilings, crown moldings and recessed lighting are evident throughout. There is a full bathroom for guests and a kitchen off the entry foyer.

The 29x18 corner living room boasts three sets of oversized triple pane windows that flood the room with West and North light. The adjacent formal dining room has double doors that invite guests from the living room; both rooms and the foyer have marble flooring.

The three very large bedrooms all have ensuite bathrooms. Hardwood floors can be found beneath the carpeting in the bedroom wing. Although each bedroom is oversized and faces Park Avenue, the primary bedroom is truly majestic. It has 25 feet of frontage on Park Avenue and two sets of triple windows. Its large dimensions easily accommodate a lounging or sitting area. The ensuite marble bathroom has both a soaking tub and a separate enclosed shower. There is a custom-built walk-in closet, and three other closets within the primary bedroom.

There are two other bedrooms, one now serving as a library/office, that have ensuite marble baths, 10 foot ceilings, and windows facing West along Park Avenue.

The kitchen, which is off the foyer, has stainless steel appliances, Sub-Zero refrigerator, and a back door leading to the service hallway.

This white gloved cooperative, built in 1908, still retains its prewar grandeur and offers impeccable service, privacy and security. There is a 24-hour doorman, elevator man, live-in resident manager and staff porters. Pied-a terres and pets are permitted with board approval. Private storage transfers with the apartment.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 15
  • Amenities: Laundry Room; Private Storage;
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 4 full
  • Laundry: None
  • Year Built: 1908
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • OLR#: RPLU5123383604
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/RPLU5123383604/475parkavenue_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 Douglas Elliman Real Estate - Park Plaza

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NMLS Mortgage Loan Originator ID 1880936

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475 Park Avenue, #11BC, New York (Midtown East), NY, 10022

$4,700,000

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 $3,760,000 $3,760,000 $3,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.637% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,645 $23,766 $31,984
Total Monthly Payment $21,770 $23,891 $32,109

* 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.