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Royal Renovation at the Charles
Feel like you are walking on air in this full floor 3140-square foot, 4 bedroom, four-bathroom condominium with high ceilings and floor to ceiling windows offering panoramic views in three directions.
A private elevator landing leads into a 27-foot foot long gallery clad in Venetian plaster walls. On one end lies an oversized living and dining room that is filled with glorious sunshine streaming in from double exposures to the east and north. Measuring over 500 square feet, the space lends itself to numerous layouts to suit your entertaining preferences.
A pocket door provides convenient access to the spacious chef's eat-in kitchen featuring a 48-inch Subzero refrigerator, a Miele gas cooktop, dishwasher and microwave, and a Subzero wine refrigerator. A center waterfall island has been elegantly reclad in tempered glass. The generous dining area easily accommodates a table for six. There is a wealth of white glossy cabinetry and a built-in pantry. At the back of the kitchen there is a laundry room with a full-size washing machine and vented dryer that opens into a private service entrance.
The master bedroom suite faces north and west affording abundant evening light and magnificent sunsets. It features a spacious bedroom, a sleek dressing area lined with custom closets, and a large marble bathroom with two sinks, a deep soaking tub and a separate shower.
Adjacent to the living room there is a north facing den that also functions as a media room. One wall is lined with lacquered wooden cabinetry and a built-in desk. Outside of the den accessible from the gallery is a renovated full bathroom with marble flooring that has been cleverly designed with a two-way mirrored sliding door to close off the shower stall and create an elegant powder room.
The second and third bedrooms both face west. Both have en-suite bathrooms for maximum privacy and are outfitted with custom closets.
The owner has added new hardwood oak flooring throughout, luxurious radiant heating in the living and dining room and the master suite with individual controls, and remote-controlled window treatments. A four-zone central heating and air conditioning system provides perfect temperatures year-round.
The apartment transfers with a large private storage unit.
Located on First Avenue between 73rd and 72nd Street, the Charles is a an exceptionally run white glove condominium with a full-time doorman, concierge, 1000-square foot state of the art fitness center (currently under renovation), a playroom and refrigerated storage. Pets are welcome.
A working contribution to capital in the amount of six months' common charges is payable by the purchaser.
Real Estate Tax amount reflects ownership by out-of-state resident.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,425,000
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 | $4,340,000 | $4,340,000 | $4,340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,983 | $27,790 | $37,212 |
Total Monthly Payment | $25,108 | $27,915 | $37,337 |
* 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.