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: 251 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 Sothebys International Realty

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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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 DeFlorio

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
Loan Amount $11,996,000 $11,996,000 $11,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $70,961 $76,812 $102,041
Total Monthly Payment $71,086 $76,937 $102,166

* 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.