This exceptional maisonette at 834 Fifth Avenue, a Candela masterpiece in scale and design, offers a once in a generation opportunity to own a 5, 000 square foot duplex with a grand, private entrance on 64th Street in addition to an entrance off the building's elegant lobby. The apartment has over 50 feet of frontage on Fifth Avenue with views of Central Park. High ceilings, grand proportions, and an elegant flow of rooms make this a perfect apartment for gracious living and entertaining.
Well-proportioned public rooms radiate from the grand entrance gallery, with a marble powder room, coat closets and the original Candela staircase which sweeps up to the second floor private quarters. On the first floor of the maisonette is a paneled library and a 32' living room looking onto Central Park, both with wood burning fireplaces. The large square dining room is located across the gallery. The eat-in chef's kitchen, butlers pantry and laundry room are located at the back of house.
The second floor, also accessible from a private elevator landing, is home to three luxurious bedrooms and two staff rooms, with a back staircase leading down to the kitchen. The corner primary suite features two dressing areas and a full en-suite marble bathroom. The second floor has over 2, 600 square feet which can be reconfigured, if needed, to have as many as 5 bedrooms. The apartment also comes with its own storage and wine cellar.
834 Fifth Avenue was built in 1931 and is located in a highly sought-after location. Residents have access to a variety of white-glove services including a doorman, fully attended lobby, elevator attendants, a fitness room and private storage and laundry rooms for each apartment. Pets are welcome. There is a 3% flip tax payable by the purchaser and financing is not permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $11,800,000 | $11,800,000 | $11,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $66,999 | $73,617 | $98,780 |
Total Monthly Payment | $67,124 | $73,742 | $98,905 |
* 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.