New York (Lenox Hill), NY, 10065 | $1,795,000

Once in a lifetime opportunity to create your dream pied-a-terre at the legendary Pierre on Fifth Avenue in the heart of Manhattan. Perfectly situated on the 35thfloor, once you step through the stately double doors into the gracious entrance foyer, you will be awed by the size of the East facing grand living room with 10. 5 ft. ceilings and exquisite New York City views. Off the living room is an enormous bedroom facing South and East, also with spectacular city views and an ensuite bathroom. This sun-flooded apartment features 3 large closets and a complete kitchen should you decide not to order room service.

Bring your architect/designer to make this stunning space your vision.

Pied-a-terre, corporate purchasers, pets and stateside LLC's are all welcome.

The Pierre opened its doors in 1930. It's been revered as both a quintessential monument to NYC affluence and is an outstanding archetype of service and New York City grandeur. Built in 1928, the Pierre was designed by Schultze and Weaver. The 44-story structure is set back from Fifth Avenue, 500 feet above 61st Street, and is topped with a mansard-style copper roof. The Pierre was once owned by J. Paul Getty, who bought it in 1938 and turned it into a cooperative in 1959. The building underwent a $100 million renovation in 2005 and is now a luxury hotel and with privately owned residences.

Residents enjoy full access to all hotel services including 24-hour concierge, twice-daily housekeeping service, spa and fitness center, valet services, conference room, business center, a beauty salon and full-time security. Perrine, the new French/American restaurant along with Two E bar/lounge and the Rotunda, an iconic room reimagined by renowned architect Daniel Romualdez with table side champagne & cocktails are located in the hotel and can provide room service.

In addition to maintenance, shareholders pay a monthly capital contribution fee of $847. 50 and there is a 2% flip tax payable by the purchaser. Maintenance includes daily room service. There is no financing allowed.

Can be combined with residence 3610 to create a 4 bedroom duplex.

SHOWINGS 10AM TO 4PM by appointment

Features

  • Town: New York
  • Cooling: Wall Unit(s)
  • Levels: 42
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building None
  • Complex: THE PIERRE
  • Year Built: 1930
  • Common Charge: $6,555 Monthly
  • View: City Lights,City
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-5123184111
  • Days on Market: 66 days
  • Website: https://www.raveis.com
    /prop/RPLU-5123184111/7955thavenue_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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 Douglas Elliman Real Estate   Phone: (212) 891-7000

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Lenox Hill), NY, 10065

$1,795,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,436,000 $1,436,000 $1,436,000
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 $8,153 $8,959 $12,021
Total Monthly Payment $8,278 $9,084 $12,146

* 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.