Back on the Market Rarely available, this gracious 4500 +/- sf full floor home in the beloved 1125 Fifth Avenue offers spectacular sweeping views of Central Park and the Reservoir from all public rooms, and sunny open skyline views from all other secondary rooms. Perched on the 8th floor, and located on a corner, this offering is truly special. Entering via a private landing into the gracious 25 ft gallery, you’re immediately greeted by high ceilings, herringbone floors, and streaming light. The grand scaled living room with corner Park exposure and a fireplace opens up to a stately dining room, offering 50 ft of direct Central Park/Reservoir frontage. Adjacent is the large windowed kitchen, butler’s pantry and full laundry room with washer and vented dryer. The library, accessible from the entrance gallery, has North facing park views, a wet bar and ideally placed powder room. The private quarters offer five large bedrooms off a long hallway perfect for displaying your art collection. Each bedroom has ample closet space and en-suite bathrooms. The magnificent primary bedroom includes a fireplace, sunny corner exposure, and open Eastern and Northern views overlooking the tops of townhomes. The large ensuite dressing rooms and bathroom offer a large footprint for creating your perfect primary suite. With an exceptional layout designed by Emery Roth, there is no need to move walls or make significant design changes. Built in 1925 by the famed Emery Roth, 1125 Fifth is a very special and sought-after coop, in the peaceful and idyllic enclave of 94th Street and Fifth Avenue. The definition of understated elegance, this distinguished coop enjoys the highest level of service, privacy and security. There is a new fitness center, and each home conveys with private, separate storage in the basement. There is a 3% flip tax payable by the purchaser. Financing up to $1. 1m permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,995,000
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 | $7,996,000 | $7,996,000 | $7,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $42,924 | $47,299 | $65,866 |
Total Monthly Payment | $43,049 | $47,424 | $65,991 |
* 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.