The 15th floor at 825 Fifth Avenue is an exceptional, one-of-a-kind, fully renovated and recently completed (down to the studs, taking numerous years to accomplish) cooperative residence; and is a trophy within this legendary building, and more generally within the Upper East Side and NYC's uber-luxury cooperative sphere. Without comparison in terms of its size, state-of-the-art technology and systems, and special qualities, it occupies the building's entire fifteenth floor footprint, with the elevators opening directly into the apartment's stunning, sun filled, and sweeping entrance gallery.
This remarkable residence offers three private outdoor spaces ; the main terrace, substantial in depth, and running 36 feet along the Western facade of the living/dining rooms, plus two East facing terraces punctuating the North-Eastern and South-Eastern corners of the apartment. The interior spaces (including the expansive double-sized Park facing living/dining rooms, sumptuous master suite w/ two baths and dressing room, stunning corner library w/ wet bar, large corner kitchen w/ butler's pantry, den w/ solarium, 2 additional bedrooms/office, plus two and a half additional bathrooms) are imbued with proper room proportions and are situated at the perfect floor height, with broad, open, and magical vistas and light from all four directions.
In pristine and triple mint condition, the quality of the design, floor plan, and renovation is beyond compare; executed to the highest level by Pembrook & Ives, with extraordinary consideration paid to the finishes, craftsmanship and flow, and conceived to live and entertain with privacy, peace, grace and elegance. With no detail overlooked, nor expense spared, and crafted to the highest level, the value of this "bring your toothbrush" renovation cannot be overstated.
Located along the chicest stretch of Fifth Avenue between 63rd and 64th Streets, 825 Fifth Avenue is one of New York City's most distinguished white glove cooperatives offering its residents the highest level of service including, a twenty-four hour doorman, concierge service, and elevator attendant. It is one of a handful of cooperatives on the Upper East Side with a private, residents-only restaurant and room service. The twenty three story tower was designed in 1927 by esteemed architect J. E. R. Carpenter. There is 3% flip tax paid by the buyer. Showings M-F 9: 30-4: 30. Monthly catering charge of $1, 559 and monthly assessment of $1, 360. No financing permitted. Pets allowed with board approval.
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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 | $29,600,000 | $29,600,000 | $29,600,000 |
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 | 6.893% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $175,095 | $189,532 | $251,785 |
Total Monthly Payment | $175,220 | $189,657 | $251,910 |
* 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.