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Perched atop one of Park Avenue’s most distinguished pre-war cooperatives, Penthouse B at 969 Park Avenue is a masterclass in understated luxury and modern convenience. Completely gut-renovated by the current owner, this sun-drenched and serene residence offers a seamless blend of contemporary finishes and classic charm. With bright east and south exposures, the home is flooded with natural light throughout the day, creating an inviting and airy ambiance. The open and spacious living area features four bright windows, high ceilings range from 9. 5-10ft and is anchored by a stately wood-burning fireplace, offering the perfect setting for both relaxed evenings and sophisticated entertaining. Modern comforts include central air conditioning and an in-unit washer and dryer—rare features that enhance everyday living in this pre-war gem. Tucked away in a quiet corner of the building, this penthouse provides a true sense of retreat while being conveniently located just across from the beautifully landscaped communal roof garden—an ideal extension of your living space for enjoying peaceful outdoor moments. Originally built in 1921 and redesigned by Emery Roth in 1941, 969 Park Avenue is a full-service cooperative situated between 82nd and 83rd Street, only two blocks from Central Park, the Metropolitan Museum of Art, and the boutique shops and dining of Madison Avenue. The building offers a 24-hour doorman, live-in resident manager, fitness center, bike room, storage (waitlist), and a newly renovated roof garden. Pets and pied-à-terre ownership are permitted on a case-by-case basis, with 50% financing allowed. There is a 2% flip tax payable by the purchaser and an ongoing assessment of $623 per month. This meticulously renovated penthouse is the perfect turnkey residence for those seeking refined living in the heart of the Upper East Side.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
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% | 6.739% | 6.183% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,604 | $15,342 | $20,219 |
Total Monthly Payment | $13,729 | $15,467 | $20,344 |
* 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.