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House 293 м² in New York, USA

8 505 782 $

29 029 $ /м²

4OWnd
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Area

293 м2

Bedrooms

5

Bathrooms

4

Luxury 9-bedroom house in New York City

Welcome to PH at 940 Park Avenue, a dignified 5-bedroom, 4-bathroom duplex spanning 3,160 square feet. Admire the expansive 775 square foot terrace with views that capture the essence of Manhattan living. Enter the elegant entryway that sets the tone for the entire residence. The living room radiates warmth thanks to a wood-burning fireplace and showcases architectural beauty through oversized arched windows. The interiors are flooded with natural light from all four sides, which also offers views of the skyline. The kitchen with dining area has been recently renovated to perfection. A large table with seating for 8 people creates an atmosphere for unforgettable sit-down meals. Cooking enthusiasts will appreciate the two large islands and state-of-the-art appliances including a Miele dishwasher, 6-burner gas stove, professional salamander and Sub-Zero refrigerator. The master bedroom is located on the second floor of the duplex and is spacious with plenty of closets, a large bathroom and a separate walk-in closet. This level offers access to the terrace from the second living area. Conveniently, there is a washer and dryer, central air conditioning downstairs and a split system upstairs. 940 Park Avenue is a full-service cooperative. The penthouse is located on the 15th and 16th floors. The building offers doorman service and a storage unit that is sold with each apartment. Financing of 50 and tax of 2 flips is required. Pets

Additional details

Property type

Residential Properties

Object type

House

Price

8 505 782 $

FAQ

In USA a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in New York; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in USA finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of USA takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In New York short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (8 505 782 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in New York: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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