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Located at one of the city's most coveted addresses - 502 Park avenue, this spacious 2 bedroom, two baths home offer a north, south and west exposures with city views, and features a generous floor plan, large corner Living room/Dining room where light emanates through oversized windows- highlighting the extraordinary setting. Split bedroom layout featuring spacious master bedroom with its own en suite marble bath and a private second bath. The second bedroom/den is complemented with full wall built ins. Chef's kitchen is fitted with traditional cabinetry, white marble counters and floor and stainless steel appliances. Style and quality are paramount in this home from the solid oak floor, beamed ceilings and classic moldings to the Italian brass doorknobs. W/D in unit.
Situated on Park Avenue, one of the most famed strips of real estate in the world and conveniently located at the cusp where midtown meets the Upper East Side. Residents are only 2 blocks from Central Park, minutes from the offices of midtown and moments away from some of New York's finest restaurants, shopping and cultural destinations.
As a resident, you are pampered with unrivaled white glove service from a very attentive staff including 24 hour doormen, and full concierge service along with available housekeeping and Valet services.
Building amenities include a large state of the art fitness center and a live in resident manager.
Broker to broker notes: Kindly contact Listing Agent for information regarding co-brokerage and showing details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $9,200 | $9,200 | $9,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $57 | $60 | $76 |
Total Monthly Payment | $132 | $135 | $151 |
* 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.