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ELEGANT CLASSIC 6 IN TOP PARK AVENUE PREWAR CO-OP
Showings: Weekdays 12-1 and 3: 30-5; No Weekend Showings
Exquisitely renovated, top-to-bottom in 2021, with meticulous attention to detail, this stunning, turnkey residence offers the perfect blend of timeless elegance and modern convenience.
SOPHISTICATED LIVING SPACES:
Entry Gallery: Sets the sophisticated tone for the home's gracious layout while directing the eye to the living room and its treetop views.
Grand Living Room: Anchored by a wood-burning fireplace, this spacious room features oversized windows with wonderful north-facing, serene views of tree-lined 88th Street, custom built-in bookshelves with lighting, and integrated Sonos speakers.
Formal Dining Room: A massive space, ideal for formal entertaining, den or as a 3rd bedroom.
Impeccably Designed Kitchen: The windowed kitchen boasts sparkling white quartz countertops, a huge pantry, and state-of-the-art Bertazzoni appliances, including a six-burner stove with vented hood, dual oven/microwave, and a vented Miele washer/dryer.
PRIVATE BEDROOM WING:
Primary Suite: Features a spacious, custom-designed walk-in closet and an additional closet, alongside a luxurious en suite windowed bathroom with double sinks, heated floors, and stylish finishes
Second Bedroom: Generously sized with north-facing views plus an en suite windowed bathroom featuring a stall shower and heated floors.
ADDITIONAL HIGHLIGHTS:
A charming home office off the kitchen includes a beautifully renovated, windowed half-bathroom with heated floors.
Large storage cage transfers with the apartment at no extra cost.
Entire apartment wired for sound and internet - Sonos speakers and Bluetooth connection in all rooms.
All new plumbing throughout.
Features throughout the home include 10" beamed ceilings, restored herringbone hardwood floors, beautiful moldings, through-the-wall air conditioning, and updated electrical wiring.
WHITE GLOVE BUILDING AMENITIES:
- Built in 1930 by renowned architects Schwartz and Gross.
- 24-hour doorman and concierge
- Classically stunning lobby replete with prewar details
- Live-in superintendent
- Fitness center, lending library, bike room, and a half basketball court
- Stellar Financials- no maintenance increase in 2025 and substantial reserve fund
- Brand new elevators currently being installed - fully funded
Unbeatable Location: Just two blocks from Central Park and Museum Mile, 1070 Park Avenue is surrounded by world-class shopping, renowned cultural institutions, and an array of exceptional dining options. This residence is a rare opportunity to own a meticulously crafted home in one of New York City's most sought-after addresses.
Pets and pied a terres are welcome. Gifts, guarantors and co-purchases with Board approval. 50% financing permitted and 2% flip tax paid by the buyer. Co-exclusive with Brenda B. Solomon, Brenda Solomon Real Estate.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,000
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 | $2,399,200 | $2,399,200 | $2,399,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,622 | $15,362 | $20,246 |
Total Monthly Payment | $13,747 | $15,487 | $20,371 |
* 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.