1020 Fifth Avenue, #12, New York (Upper East Side), NY, 10028 | $8,000,000

Apartment 12 at esteemed 1020 Fifth Avenue is a full floor home with approximately 3500 square feet comprised of nine rooms with stunning open views in four directions including Central Park, and the Metropolitan Museum.

1020 Fifth was completed in 1925 and was designed and built by Warren and Wetmore- most notable for their work as the co-architects of Grand Central Terminal and many noteworthy properties in New York and beyond. 1020 is one of a very few Fifth Avenue co-ops with one home per floor, to ensure that one has the feeling of living in a private home- with full service convenience and security.

The 12th floor is notable for its antique English paneled library with wood burning fireplace overlooking the Park, oblong grand foyer, and gracefully curved living room- offering distinctive and unique architecture. Above all, the 12th floor has the distinction of four open exposures offering beautiful natural light at every time of day, and glorious views.

A private elevator landing brings you to a salon sized entry foyer - to the north- a corner formal dining room with Park views and a wood burning fireplace, is graciously proportioned for formal dining.

To the south, the 27 foot long living room offers Park and Museum views and is the ideal environment for entertaining with multiple seating areas. To the west, the handsome corner English wood paneled library with wood burning fireplace is a true sanctuary- showcasing picture postcard Park and Museum views. A discreet powder room completes the public rooms of this home.

The bedroom wing to the south, east and north includes a 31 foot long double primary suite with wood burning fireplace, dressing room, and en-suite marble bathroom. Formerly two bedrooms now combined to create a grand suite- it may again become two bedrooms each with en-suite baths creating a four bedroom home. Two additional bedrooms have two private baths and wonderful natural light and city views.

The spacious kitchen features lovely northern city views, vented stove, endless storage and pantry space, and will easily accommodate a dining banquette.

Additional features of this sumptuous home include central air conditioning, restored herringbone flooring, impeccably maintained millwork and plasterwork, and a separate windowed laundry room.

1020 Fifth Avenue features 13 apartments over 14 floors, and provides the service of 24 doormen, resident manager, and porters, to provide gracious service to its shareholders. Please note that a 2% flip tax is payable by the purchaser and financing is not permitted and pets are welcome.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 14
  • Amenities: Laundry Room;
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Year Built: 1925
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU21923237464
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/RPLU21923237464/1020fifthavenue_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 Brown Harris Stevens Residential Sales LLC

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NMLS Mortgage Loan Originator ID 1880936

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1020 Fifth Avenue, #12, New York (Upper East Side), NY, 10028

$8,000,000

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 $6,400,000 $6,400,000 $6,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $37,349 $40,452 $54,007
Total Monthly Payment $37,474 $40,577 $54,132

* 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.