785 Fifth Avenue, #12AB, New York (Upper East Side), NY, 10022 | $14,995,000

Forget the dizzy towers of “Billionaire’s Row”; the unique vantage of this grand Fifth Avenue home offers the perfect perspective on Central Park. The entire length of the apartment offers an iconic panorama of the Park, including The Pond, Hallett Nature Sanctuary, and Wollman Skating Rink in the foreground, framed by the Plaza Hotel, the Metropolitan Club, and the stunning skyline of Central Park West. And the 12th floor is the ideal altitude: higher than the tallest trees in Central Park, but not so vertiginous that the details are lost. In Summer, cherish the endless green oasis. In Fall, watch the leaves turn dazzling vermillion. In Winter, see the sun set over the ice skaters, when the Park is blanketed in snow. In Spring, behold the Park in glorious bloom. The centerpiece of this apartment is the palatial living room, with its 30-foot expanse of Central Park views. But that is just the beginning. The elegant library, the stylish office, the two northern bedrooms, and the enormous guest suite also face directly onto the Park. And the master suite is the most breathtaking of all, at the corner of the building, with luxuriant vistas both north and west. In short, the twenty-one windows of this magnificent home offer perhaps the best views in New York City. It simply must be seen to be believed. The Parc V is an elegant, full-service, white-glove building where residents enjoy the highest level of service, security, and discretion. And the location is literally at the epicenter of it all: surrounded by luxury boutiques (including Bergdorf Goodman, Prada, Louis Vuitton, Zegna, and Harry Winston); top restaurants (including Avra, Le Bilboquet, and Cipriani); and iconic hotels/bars (including the Sherry Netherland, the Pierre, and, of course, the Plaza).

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 18
  • Amenities: Garage; Fitness Room; Laundry Room; Private Storage;
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: InUnit,OnCommonFloor
  • Complex: Park V
  • Year Built: 1963
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH7753435
  • Days on Market: 211 days
  • Website: https://www.raveis.com
    /prop/PRCH7753435/785fifthavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sotheby's International Realty, Inc.

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

785 Fifth Avenue, #12AB, New York (Upper East Side), NY, 10022

$14,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $11,996,000 $11,996,000 $11,996,000
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 $68,112 $74,839 $100,421
Total Monthly Payment $68,237 $74,964 $100,546

* 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.