New York (Harlem), NY, 10035 | $600,000

This XLarge Alcove Studio has everything you need, from high ceilings, to gorgeous open Western views , many closets, and a washer and dryer. 5th On the Park is a soaring 28 story shimmering glass tower with panoramic views. Located directly across from historic Mount Morris Park, 5th On the Park sets a new standard for luxury condominiums in Harlem. Building amenities include 24 hour attended lobby with both doorman and concierge, 6th floor 55- ft indoor heated lap pool with adjacent sundeck. 13th floor Resident lounge with catering kitchen, flat screen TV and blu-ray DVD player, free wifi and furnished outdoor space with gas grills. On-site valet parking garage, playroom and state of the art fitness center offer the ultimate total luxury lifestyle. 1485 Fifth Avenue is moments from Harlem’s Restaurant Row, Whole Foods Market, and just a few blocks from Central Park and The Apollo Theater. Public transportation options include several local bus lines, Metro-North Railroad, and the 2/3/4/5/6 subway lines. Pets are welcome. The building was built in 2009 and has a 421-A Tax Abatement until 2031.

Features

  • Town: New York
  • Heating: Central
  • Cooling: Central Air
  • Levels: 30
  • Rooms: 2
  • Baths: 1 full
  • Lot Size: 201.830000x132.650000
  • Laundry: Building Washer Dryer Install Allowed,Common Area
  • Year Built: 2007
  • Common Charge: $549 Monthly
  • Approx Sq. Feet: 573
  • Est. Taxes: $804
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Dryer,Washer
  • MLS#: COMP-162255085546327
  • Days on Market: 140 days
  • Website: https://www.raveis.com
    /prop/COMP-162255085546327/14855thavenue_newyork_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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888.699.8876

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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

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

New York (Harlem), NY, 10035

$600,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $480,000 $480,000 $480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.352% 7.042% 6.160%
Monthly Tax Payment $67 $67 $67
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,153 $3,153 $4,018
Total Monthly Payment $3,312 $3,312 $4,177

* 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.