BEST VIEWS ON FIFTH AVENUE at 68th Street, a fabulous location close to museums and wonderful shopping for everything! Welcome to the elegant 870 Fifth Avenue jewel, 11D. A light filled two bedroom, two and a half bath corner apartment with direct views of Central Park and iconic buildings of midtown and the westside is now for sale. An entrance to Central Park is just across Fifth Avenue. The large inviting foyer has a powder room and three closets. As one enters, one is drawn into the living dining area because of the breath-taking views of Central Park, midtown and westside skylines through huge picture windows. From the library or en-suite bedroom, there is another huge picture window facing the park with views to the south, west. and north. Two additional windows illuminate the space. The primary bedroom has just been renovated and has new cove lighting. The entire exquisite home has been recently skim coated and painted. The two and a half bathrooms are tiled with natural stone. The sun filled windowed kitchen with dining area has produced many gourmet meals. There are white cabinets and granite counter tops in the eat-in kitchen. There also is a service entrance next to the kitchen with a Miele washer and a Miele dryer plus storage. There is a private storage cage in the basement which comes with the sale. There is also a spacious laundry room in the basement. Close to Museum Mile, the Frick Museum, the Metropolitan Museum, and the Museum of Modern Art, 870 Fifth is the perfect location.
Designed by William I. Hohauser, 870 Fifth Avenue was built in 1949 in a perfect location at 68th Street steps from Central Park on Fifth Avenue. The lobby of 870 Fifth Avenue is very inviting. There are attended elevators and a concierge. There is a new gym and a lovely roof deck. Small dogs are permitted in this pied-a terre friendly coop. There are 104 apartments and 20 stories. Financing may not exceed 50% of the purchase price. 3% Flip Tax. Contact me today for a showing.
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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 | $2,200,000 | $2,200,000 | $2,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,839 | $13,906 | $18,565 |
Total Monthly Payment | $12,964 | $14,031 | $18,690 |
* 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.