For the discriminating VIEW BUYER! This unique duplex apartment has been renovated and reconfigured to be unlike any other C line apartments in the building, allowing unobstructed Central Park views from the Living Room, Dining Area and the Kitchen. Enter on the 4th floor into the elegant Foyer with its coat closet, Guest Bathroom and architectural art niche. This home's modern and sleek design provides custom wood cabinetry in the Living Room and Kitchen allowing for an abundance of storage. 4 large picture windows look West into Central Park and afford views of the skyscrapers of Central Park South. The open Chef's Kitchen is equipped with marble countertops, a Bosch refrigerator and other high-end appliances as well as large walk-in pantry /utilities closet and a kitchen workstation. Climb the carpeted stairs to see the Master Bedroom suite, an oversized Master Bathroom with double sinks and bathtub with shower, and a home office! There are 3 closets upstairs including a huge walk-in closet retrofitted with drawers and clothing hanging space. Enjoy more unobstructed Central Park views from the two large picture windows in the Bedroom, in fact, every window in this duplex apartment looks at the PARK! This home comes with a private locked storage cage in the basement. 870 Fifth Avenue has a Health Club, beautiful Roof Deck, a Bicycle Room, and 24/7 Doorman security. Located on the best part of Fifth Avenue with wonderful shopping, restaurants and museums. The building is pet friendly and welcomes pied a terre owners, this apartment is approved for a washer/dryer installation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,175,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 |
|
---|---|---|---|
Loan Amount | $1,740,000 | $1,740,000 | $1,740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,880 | $10,855 | $14,566 |
Total Monthly Payment | $10,005 | $10,980 | $14,691 |
* 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.