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781 Fifth Avenue, #613/614/615/616/619, New York (Upper East Side), NY, 10022 | $995,000
The Best Value on Fifth Avenue. An amazing opportunity to own a 3 Bed/3 Bath+Adjacent Staff Room w/Bath multi-unit contiguous Hotel-Pool Compound in The Sherry-Netherland Hotel. With light renovation one can move in and enjoy the space, pampered service and location in a prestigious pre-war cooperative on the Plaza at 59th & 5th Avenue facing Central Park. Or, bring your architect and accountant to reimagine this +/- 1, 950 sq. ft. into the ultimate live/work/investment at the legendary Sherry-Netherland Hotel. All three units (2 Studio apartments and 1 One-bedroom are in the hotel rental pool and may be rented individually or combined. The rare contiguous Staff Room, with full windowed bath, may be combined, sold, or remain with separate entrance and used for Owner’s office, storage or staff. High ceiling ranging from 9 to 9. 7 feet. Quiet, North and East, courtyard-facing windows with good natural light. The Sherry’s full hotel services include daily housekeeping with evening turn-down service, 24-hour doorman, concierge, elevator attendant, fitness center and room service from Harry Cipriani. Note: All Utilities included in the monthly maintenance. Please note there is an assessment of $1, 418. 39/month and a 2% flip tax paid by the purchaser. The building is pet friendly and allows 50% financing. Unique among cooperatives; Foreign Buyers, and LLCs permitted with board approval.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 38
- Amenities: Fitness Room; Hotel Style Service; Laundry Room; Maid Service; Valet; Business Center;
- Rooms: 7
- Bedrooms: 3
- Baths: 3 full
- Complex: Sherry Netherland Hotel
- Year Built: 1927
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Building Access : Attended Elevator
- Health Club: Yes
- Service Level: Full Service
- Concierge: FullTime
- Doorman: FullTime
- LobbyAttendant: FullTime
- OLR#: PRCH3710843
- Days on Market: 1163 days
- Website: https://www.raveis.com
/prop/PRCH3710843/781fifthavenue_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 Sotheby's International Realty, Inc.
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
781 Fifth Avenue, #613/614/615/616/619, New York (Upper East Side), NY, 10022
$995,000
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 | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,396 | $4,837 | $6,557 |
| Total Monthly Payment | $4,488 | $4,929 | $6,649 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535