Perfectly perched on the corner of 76th street in one of Fifth Avenue's most prestigious white glove cooperatives designed by James E. R. Carpenter, this elegant full floor corner 2 bedroom and 4 bathroom apartment is a rare find along Fifth Avenue. An abundance of new double-paned south facing picture windows span the entire length of the apartment flooding every room with wonderful light. This classic prewar home distinguished by an enfilade of generously proportioned rooms is the ideal residence for the most discerning buyer.
A private elevator landing opens to a very gracious 12 X 11 gallery from which all rooms are accessed. An expansive 24 X 15 living room with 10. 5' ceilings is punctuated with a wood burning fireplace and sunny south tree-lined views. The adjacent formal dining room flows seamlessly from the living room and easily accommodates dining and entertaining on a large scale. The windowed eat-in kitchen includes a separate butler's pantry, laundry and corner staff bedroom/media room/den with a full bathroom. A hall off the entry gallery leads to the two bedrooms. The southwest corner primary bedroom suite with direct Central Park views through three oversized windows includes two separate full bathrooms and a large dressing room/closet. The second bedroom suite with windowed bathroom includes sunny south tree-lined exposures. The apartment includes additional storage in the building and all New over-sized picture windows throughout.
There is a separate 700sf medical office on the first floor at 950 Fifth accessed from the street and lobby which can be purchased with the 2nd floor.
Situated on the northeast corner of Fifth Avenue and 76th Street, 950 Fifth Avenue is an intimate full service pre-war cooperative building designed in 1926 by James E. R. Carpenter. With just seven full floor apartments and duplexes spread over fourteen floors, residents enjoy the privacy and convenience of the building's distinctive scale. The entire building has undergone a complete renovation of its plumbing infrastructure. This sale is subject to a 3% flip tax.
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William Raveis Mortgage, LLC
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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 | $7,160,000 | $7,160,000 | $7,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $40,094 | $44,085 | $59,457 |
Total Monthly Payment | $40,219 | $44,210 | $59,582 |
* 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.