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ALL OPEN HOUSES BY APPOINTMENT ONLY - VIEW VIDEO FOR MORE INFORMATION
Stepping into the entry foyer of this one-of-a-kind residence, you will instantly feel its grand scale.
The corner living room is extraordinary, with direct access to the fabulous 500-square-foot, landscaped, set-back terrace that offers an urban oasis and a woodburning fireplace with a 1920s Italian carved mantel.
The two spacious bedrooms each have an abundance of closets and ensuite luxurious windowed marble bathrooms.
The elegant formal dining room is perfect for entertaining with its stained glass window accents, and the chef's kitchen has walls of dreamy custom wood cabinets, sleek marble countertops, and top stainless steel appliances, including a wine fridge.
Additional details of this wonderful residence are wood-beamed ceilings, crown moldings, gorgeous wood doors and hardware, big picture windows, a washer/dryer, and a combination of through-wall and central A/C.
Completed in 1929 by esteemed architect Emery Roth, 480 Park Avenue is a full-service co-op with doormen , a live-in resident manager, a truly stunning lobby with entrances on Park and 58th Street , an exquisite roof garden, a gym, and deeded storage bins.
It's located in the very best location with great hotels, restaurants, shopping, and Central Park just outside your door!
Pied-a- terres , pets (case by case), and 50% financing allowed. There is a 2% Flip Tax.
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:
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.764% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,906 | $20,464 | $27,621 |
Total Monthly Payment | $19,031 | $20,589 | $27,746 |
* 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.