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Step off the semi-private elevator and into a world of elegance, starting with a limestone gallery that welcomes you with open arms and a grand staircase leading to the 13th floor. The living room, a magnificent 27’ x 27’ square, boasts 18-foot ceilings and floods with natural light from two towering 12-foot casement windows. Crown molding and columns enhance the room’s symmetry, making this double-height space one of the most elegant you’ll find on the market today. Just off the living room, you’ll discover a round dining room adorned with rich fabric panels and recessed dome lighting, perfect for intimate dinners. Hidden just behind one of those panels, you’ll find a butler’s pantry and a spacious, windowed kitchen—ideal for hosting unforgettable gatherings. Ascend to the 13th-floor bedrooms via the limestone staircase or the private elevator that opens right into the upper floor gallery. Here, a beautifully paneled den with pocket doors and a cozy fireplace becomes your perfect retreat. Walk down the corridor to the bedrooms and you’ll find the expansive primary suite, complete with ample closets and a sunny southern exposure. The ensuite bathroom pampers with a large soaking tub and steam shower. Another bedroom also features an ensuite shower, while the home office includes its own small bathroom with a shower and easy access to the laundry room. Adding to the charm, the apartment features three stunning marble fireplaces, each with a gas line to a coal brazier, blending old-world charm with modern convenience. Built in 1929, 322 East 57th Street is a neo-classical limestone gem designed by the renowned architect Harry M. Clauson of Caughey & Evans. The building offers storage space, welcomes pets and pieds-à-terre, allows up to 50% financing, and has a 3% flip tax to be covered by the purchaser. It’s a home that combines history, luxury, and modern living in perfect harmony.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,950,000
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 |
|
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Loan Amount | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,027 | $30,479 | $40,168 |
Total Monthly Payment | $27,152 | $30,604 | $40,293 |
* 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.