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GUT RENOVATED TO PERFECTION OVERLOOKING PARK AVENUE Located on the 2ND FLOOR in a full-service prewar cooperative and with 60+ feet of frontage overlooking the tree-line of Park Avenue, this mint condition and pin drop quiet 3-bedroom, 2. 5-bathroom apartment was gut renovated to perfection by the current owner and boasts the highest quality modern finishes while maintaining its coveted prewar character. From a semi-private elevator vestibule, this elegant home’s 17+ foot entrance mirrored gallery leads you to the graciously proportioned living room, with 9'8" ceilings and an iconic view of the avenue and the beautiful architectural details of The Colony Club across the street. The adjacent formal dining room was opened to create a lofty, oversized great room – ideal for grand scale entertaining. The Eggersmann kitchen, which can be closed off from or open to the living room, allowing for maximum flexibility, is truly a chef’s dream with its ingenious customizations and storage throughout, two sinks, and top-of-the-line appliances (including a Miele stove top that vents out; two Miele ovens; two Miele dishwashers; SubZero fridge/freezer; U-Line wine cooler; and Miele microwave). A neighboring pantry features a third sink, additional storage, and double SubZero refrigerator drawers. A laundry area with vented Miele washer/dryer, and a powder room, complete the kitchen suite. The west-facing primary bedroom is an oasis, with custom built-in lighted Rift Oak Veneer closets and a marble ensuite bath with radiant heated floors, a double sink vanity, glass-encased sauna shower, Toto toilet, and a plethora of storage. Two additional bedrooms, one of which is currently being used as a library and can remain open or closed off with an exquisite Rift Oak Veneer sliding door, and a hallway bathroom with radiant heated floors and a tub, complete this stunning apartment. Other notable features of this top-tier renovation include recently redone white oak floors, 2-zone central air, Lutron recessed lighting in every room, pre-wired Sonos sound system, CitiQuiet windows, and gorgeous wood paneling and moldings and new doors/hardware throughout. Designed in 1912 by acclaimed architect Robert T. Lyons for developers Bing & Bing, 565 Park Avenue is a coveted pre-war co-op with only 28 apartments (2 per floor), and features a 24-hour doorman, live-in resident manager, a bicycle room, and private storage. Ideally located on Park Avenue between 62nd and 63rd Streets, the building is easily accessible to Central Park and the best dining, shopping, and public transportation the Upper East Side has to offer. Pets and up to 50% financing are permitted. There is a 2% flip tax paid by the purchaser.
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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 | $3,596,000 | $3,596,000 | $3,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.739% | 6.435% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,985 | $23,026 | $30,833 |
Total Monthly Payment | $21,110 | $23,151 | $30,958 |
* 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.