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Commanding the entire 12th floor of 944 Park Avenue, this exceptional residence offers approximately 3, 500 square feet of timeless elegance and sophisticated design. Ideally positioned between 81st and 82nd Streets, in one of Park Avenue’s rare pre-war condominiums, this full-floor home presents an unparalleled opportunity for refined living in the heart of the Upper East Side. Graciously proportioned and masterfully designed, the residence features three expansive bedrooms, a richly appointed library/media room, and a versatile fourth bedroom or office discreetly tucked behind the kitchen. Four and a half beautifully finished bathrooms complement the home’s thoughtful layout, providing both functionality and indulgence. Entering the home from a private vestibule, you step into the long gallery that accesses the public spaces. Overlooking Park Avenue, the expansive living room features a beautiful, custom-designed marble mantle fireplace, coffered ceilings and huge windows affording ample natural light. The large dining room offers north and west city skyline views, with chic herringbone wood flooring underfoot. A handsome library sits between with a discreet powder room adjacent. The windowed chef’s kitchen was recently renovated with crisp Calacatta Oro marble walls and custom wood cabinetry and boasts top-of-the-line appliances by Wolf and Sub-Zero. A walk-in pantry, wine refrigerator and laundry area round out the kitchen space. The private quarters are thoughtfully set apart on the southeast corner of the home, allowing for maximum privacy. The lush, palatial primary suite features a large walk-in closet and a large, windowed ensuite with a separate soaking tub, shower and double vanity. Two more bedrooms feature full ensuites and ample closet space. A gallery with endless storage solutions connects the bedroom suites. A fourth bedroom with a full ensuite sits adjacent to the kitchen and could be repurposed as an office or staff room. Built in the 1920’s and designed by George Pelham, 944 Park Avenue contains only 21 residences and sits close to Central Park, Museum Mile and the world-class restaurants and shops of the Upper East Side. Amenities include a full-time doorman, concierge and a newly renovated fitness center. 1 percent flip tax paid by Buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,950,000
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 | $9,560,000 | $9,560,000 | $9,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $54,281 | $60,426 | $80,673 |
Total Monthly Payment | $54,406 | $60,551 | $80,798 |
* 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.