Seize a rare opportunity to acquire a sophisticated, completely turn-key Fifth Avenue cooperative, perfect as a primary residence or a chic pied-a-terre. This elegant home seamlessly blends warmth, functionality, and spacious grandeur. A private elevator landing provides a gracious sense of arrival, opening to a grand 20 foot entrance gallery. The sun-flooded formal living room boasts a wall of windows with Southern exposures overlooking the Frick Museum and side views of Central Park. A decorative fireplace, high ceilings, and custom crown moldings complement the home's refined design.
A second informal living room functions as a den and dining room, with custom built-ins and a wet bar with wine storage. The open kitchen is a chef's dream, featuring a Wolf range, Subzero refrigerator, and elegant marble countertops and breakfast bar.
The residence offers three bedrooms, each with its own en-suite bathroom, plus an additional half-bath for guests. The oversize primary bedroom boasts picturesque views of the Frick Museum with southern and eastern exposures, an en-suite bath with a glass enclosed walk-in shower and an adjacent vanity area, and abundant storage space including a large walk-in closet and a full wall of custom closets. The king-sized, corner second bedroom suite has two large closets and exposures to the North and East. A third bedroom easily functions as a charming guest room, staff room, or home office. 3C also features a brand new full size washer and dryer.
900 Fifth Avenue was designed in 1960 by architect Sylvan Bien, known for his mid-century modern residential buildings throughout the Upper East Side. Other works include 860 Fifth (1950), 923 Fifth (1951), and 605 Park (1954). Earlier in his career, Sylvan Bien designed the elegant Hotel Carlyle (1930), and accompanying Carlyle Apartments (1931). Robert, his son, became a partner in his father's firm in 1950, and shares credit for the mid-century work.
Enviably positioned at the corner of E. 71st Street and Fifth Avenue, 900 Fifth is across the street from both Central Park and the Gilded Age mansion built by Industrialist Henry Clay Frick. Apartment 3C directly overlooks the grand architecture and outdoor gardens of the landmarked Frick Collection Museum and Library, and the entire area is part of the Upper East Side Historic District.
The building's original lobby was redesigned by AD100 Designer Juan Montoya in rich exotic woods, lacquer, and polished stone. Highly professional staff, 24/7 attended lobby, and live-in Manager. Monthly maintenance includes utilities. Amenities include a top floor fitness center overlooking Central park, two roof terraces with amazing 360-degree views, a bike room, and garage. Private storage is included in the sale. International and Pied a Terre buyers are welcomed. Financing is permitted up to 50%, 2% flip tax paid by Purchaser.
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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 | $1,916,000 | $1,916,000 | $1,916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,030 | $12,110 | $16,168 |
Total Monthly Payment | $11,155 | $12,235 | $16,293 |
* 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.