Unique opportunity to purchase a classic 8-room duplex in original condition at 1165 Fifth Avenue, just steps to Central Park. Rarely available and on the market for the first time in over 40 years, this unique, house-like apartment is filled with natural light thanks to direct southern and eastern exposures. Upon entry, a gracious foyer and gallery with original curved staircase leads to a grand and elegant living room with wood-burning fireplace and stunning herringbone wood floors. An adjacent formal dining room is impressive in scale and connects to an enormous kitchen with plentiful cabinetry and counterspace, plus a washer and dryer. A library/sitting room with built-in bookcases off the gallery completes the first floor. Upstairs, there are 4 bedrooms and 3 full bathrooms. The corner primary suite features a large walk-in closet with ensuite bath. The second and third bedrooms are both exceptionally bright, spacious, and equal in size, with great closet space, and share a "Jack-and-Jill" bathroom. The fourth bedroom is an ideal space for a guest room or home office and has its own ensuite bath. All rooms are connected by a long hallway with additional storage space, and gorgeous hardwood floors can be found in every room. 1165 Fifth Avenue is a premiere Carnegie Hill co-op featuring an elegant lobby with full-time doormen, and each apartment has a semi-private elevator landing. Amenities include a bike room, gym, laundry room, and private storage transfers with the apartment. 2% flip tax paid by the buyer, pet friendly. Please note this apartment is in estate condition and is being sold "as is". (Some of the photos have been virtually staged for representation purposes only. )
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$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,079 | $10,937 | $14,827 |
Total Monthly Payment | $10,204 | $11,062 | $14,952 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.