Buy with Yoreevo
$5,850,833
List Price: $5,950,000
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850 Park Avenue #7D
Coop in Lenox Hill •  building info
4bd • 3ba
Buy with Yoreevo

$5,850,833

List Price

$5,950,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
45
Last price change
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Estimated payment
$25,418
Monthly taxes
N/A
Monthly maintenance
$6,614
Description
Perched on the 7th floor, overlooking the bucolic East 77th Street with its landmarked townhomes, you will find this stunning, triple-mint renovated home, renovated approximately 6 years ago. You step off the elevator onto a semi-private landing, shared with one other apartment. You are drawn to the grand proportions of the oversized living and dining rooms with large windows, 10-foot ceilings, a wood burning fireplace, herringbone floors and crown moldings. Formerly a Classic 8, the layout was reconfigured to suit the current owners lifestyle with the formal dining room currently being used a family/tv room. The Bulthaup eat-in chefs kitchen offers two windows, a 6-burner Wolf range, Gagganeau vented hood, SubZero refrigerator, wine fridge and Miele dishwasher. Off the kitchen you will find a windowed laundry room and pantry area and a full-sized vented W/D. This room leads to the home office (or another possible small bedroom,) with a full, windowed bath. On the south side of the apartment, there's a den/family room and large dressing room, both south facing, connected by a windowed Jack and Jill bathroom. Both of these rooms are possible bedrooms and are used as such in other D-lines in the building. The den/family room is a very large room, over 20 ft long, with a WIC. The dressing room has a smoked mirrored wall comprised of other custom closets and a walk-in closet. A beautiful arched doorway leads to the primary bedroom - it's spacious, pin-drop quiet and gets southwest light streaming through a wall of windows. The windowed primary bath has a large soaking tub, a sizable stall shower with a rain shower head, a hand-held, and is complete with all luxury fixtures. There's a multi-zoned central A/C system and countless custom closets throughout. 850 Park Avenue is an impeccably run, full service cooperative with a live-in Super and 24-hour doorman.This white glove, prewar, 12-story building has approximately 50 apartments and was built in 1924. There's a private storage unit, 810 H x 51 W x 511 D located on the roof which transfers with the apartment, bike storage, a fitness room and an outdoor 1/2 basketball court/courtyard/play area. The co-operative is pet friendly and pied-a-terr buyers are permitted upon board approval. The building allows for 30% financing and there is a 2.5% flip tax paid by the buyer. Currently there is a monthly building assessment in place, of $1,564 which runs through October 2024 for the roof, facade repairs and a new boiler.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Hardwood floors
City View
Fireplace
Dishwasher
Building Amenities
Gym
Bike Room
Live In Super
Fios Available
Laundry in Building
Outdoor Space
Courtyard
History
What it'll cost
Purchase price
$5,950,000
Asking Price: $5,950,000
Term
30 Years
Down Payment
$2,975,000 (50%)
Min: 50% (2,975,000)
Rate
6.5 %
Mortgage Amount
$2,975,000
Mortgage Payment
$18,804
Maintenance
$6,614
Estimated Yoreevo rebate
$99,167
Estimated closing cost
$141,000
Total monthly cost $25,418
Buy your dream home with us and get an estimated
$99,167 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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