A truly exceptional full-floor penthouse, surrounded by expansive, beautifully landscaped terraces with direct access from every room-offering seamless indoor-outdoor living and breathtaking natural light in every direction.
The residence was meticulously rebuilt from the studs up over four years, featuring a reinforced roof with new steel I-beams, allowing for an exceptionally rare total of seven commercial-grade skylights that flood the rooms with natural light and graciously sized entertaining rooms that are unobstructed by columns.
Step off the elevator directly into a sky-lit private foyer, where elegant French doors lead to the sprawling terrace. The sundrenched living room, with a large skylight above and anchored by a wood- burning fireplace, boasts double doors opening to the outdoor space and a wet-bar with a sub-zero wine cooler. The apartment includes two zones of central air-conditioning and a sound system wired throughout all entertaining areas - perfect for seamless entertaining of both intimate and large gatherings. The entire exterior was renovated with new insulation, stucco, copper fixtures and lighting, pavers and balustrades, providing durability as well as elegance. Perched on the corner with its adjacent buildings capped at six floors, this penthouse residence and its terrace are quiet and private yet sunny, with stunning views of midtown and a partial view of Central Park.
The formal dining room, illuminated by its own generous skylight and featuring direct access to the terrace, offers a refined setting for memorable dinners and gatherings. It flows effortlessly into a chef's kitchen designed and equipped to the highest standards. This culinary haven is outfitted with ample custom cabinetry, stone and marble countertops, double sinks, an 8-burner professional grade stove with through-roof ventilation, and a sub-zero refrigerator. The skylight above the large island adds to the kitchen's inviting functionality. Four commercial-grade water pressure pumps were installed to ensure optimal water flow through the kitchen, exterior and master bedroom areas. Expanding beyond the kitchen, the comfortable media room, with its windowed built-in desk area and under-counter sub-zero beverage refrigerator, offer a relaxed retreat - perfect for quiet mornings, casual evenings, or watching sports with friends.
A dedicated service entry and service elevator enhance the privacy and convenience, making this kitchen great-room exceptionally functional for large-scale entertaining.
A sky-lit hallway leads to the residence's private wing, where you'll find two serene bedroom suites, each offering direct access to the terraces. These private outdoor areas are thoughtfully designed, creating intimate areas, perfect for morning coffee, and reading.
The primary bedroom suite includes French doors to the terrace, a sky-lit onyx bathroom with a high-pressure rain head shower, soaking tub, radiant heated floors, and generous closets. The second bedroom also has an ensuite marble bathroom and a private door to the south side of the terrace. A washer-dryer with exterior venting is closeted within the second bedroom. The powder room, tastefully located just off the foyer, is appointed with marble and an elegant skylight.
Built-in 1926, 1035 Park Avenue is a full-service cooperative building with impeccable staffing that includes a full-time doorman and live-in resident manager. The building offers a state of the art fitness center, bike room, laundry room, and dedicated storage. Pet-friendly and 50% financing permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,850,000
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 |
|
---|---|---|---|
Loan Amount | $7,080,000 | $7,080,000 | $7,080,000 |
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 | $40,199 | $45,334 | $60,224 |
Total Monthly Payment | $40,324 | $45,459 | $60,349 |
* 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.