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Perched high atop The Park Royal, Residence 1001 is a rarely available three-bedroom, two-bathroom home that offers grand proportions, timeless elegance, and coveted direct views of Central Park. A gracious foyer leads into an expansive living room framed by oversized windows, bathing the interiors in natural light and showcasing charming East-facing park vistas. Perfect for entertaining, the living room flows seamlessly into a flexible space currently configured as a third bedroom, easily adaptable as a formal dining room or home office if desired. At the heart of the home, the sleek and thoughtfully renovated kitchen is outfitted with custom cabinetry and high-end stainless steel appliances including Miele, Sub-Zero, and Bosch. The layout offers generous storage and counter space while maintaining a clean, streamlined aesthetic that integrates beautifully with the surrounding living spaces. Privately positioned in its own wing, the oversized primary bedroom features an en-suite bath and generous closet space. The second bedroom, also with an en-suite bath and excellent storage, offers separation from the main living areas for added privacy. A side-by-side washer/dryer completes the home’s highly functional layout. The Park Royal is a distinguished full-service cooperative just half a block from Central Park, offering residents white-glove services including a 24-hour doorman, concierge, fitness center, playroom, and direct access to the New York Sports Club. Please note, Central Air is allowed subject to board approval. Maintenance includes electricity costs.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,950,000
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 | $2,360,000 | $2,360,000 | $2,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,960 | $15,307 | $20,396 |
Total Monthly Payment | $14,085 | $15,432 | $20,521 |
* 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.