980 Fifth Avenue, #6A, New York (Upper East Side), NY, 10075 | $5,500,000

Bathed in sunlight and offering picturesque views of Central Park, this southwest corner residence is located in one of Fifth Avenue's most prestigious white-glove co-operatives, 980 Fifth Avenue. With nearly 50 feet of frontage along Fifth Avenue, this grand home features stunning views from every room. With three bedrooms (or two and a library) and four full bathrooms, the layout perfectly blends luxury with functionality.

Off a semi-private elevator landing, you are welcomed into a grand entrance gallery. The gallery features an oversized coat closet, a wall of additional built-in storage, and a full bathroom, cleverly concealed as a powder room with a hidden shower. The corner living room, framed by oversized picture windows, offers breathtaking Central Park and city views. Adjacent is an expansive library or third bedroom, while the west-facing formal dining room provides the perfect setting for elegant gatherings or sunset dinners, with a stunning backdrop of the park. The windowed, eat-in kitchen also overlooks Central Park and includes a large breakfast area, pantry closet, two sinks, and excellent storage. There is a staff room with a full bathroom that also overlook Central Park as well as a separate laundry/utility room.

The private quarters offer true tranquility, starting with the remarkable primary bedroom suite, which boasts a wall of oversized windows facing south toward the neighboring landmarked mansions. The suite includes an expansive dressing area with eleven closets and a primary bathroom with two sinks, a bathtub, and a separate shower. The second bedroom suite also faces south and includes an en-suite bathroom and four large closets.

Designed by Paul Resnick and H. F. Green, this distinguished co-operative houses just forty-five residences. There is a circular driveway with a porte-cochere, an on-site garage with discounted rates for tenant-shareholders, and a rooftop observatory deck with panoramic views of Central Park and the Manhattan skyline. The building is impeccably staffed with a full-time doorman, concierge, live-in resident manager, and individual storage units. Pied-a-terre ownership is permitted. The building now allows 50% financing and there is a 2. 5% flip tax paid by the purchaser.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 25
  • Amenities: Driveway; Garage; Private Storage;
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 4 full
  • Year Built: 1966
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • LobbyAttendant: No
  • OLR#: RPLU33423233660
  • Days on Market: 76 days
  • Website: https://www.raveis.com
    /prop/RPLU33423233660/980fifthavenue_newyork_ny?source=qrflyer
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 Corcoran Group

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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980 Fifth Avenue, #6A, New York (Upper East Side), NY, 10075

$5,500,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,400,000 $4,400,000 $4,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $26,028 $28,174 $37,428
Total Monthly Payment $26,153 $28,299 $37,553

* 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.