Beautifully perched on Fifth Avenue with direct open views of Central Park and the Reservoir from six of the thirteen rooms, this elegant corner five-bedroom duplex home is unique on Fifth Avenue. Twelve over-sized picture windows along Fifth Avenue afford the double living room and each of the five bedrooms with captivating direct Central Park views - a rare distinction on Fifth Avenue and currently the only apartment available with six rooms facing the Park. This impressive classic prewar residence offers an abundance of generously proportioned rooms spread over two floors in one of Fifth Avenue's most elegant cooperatives.
A semi-private elevator landing opens to a very gracious gallery from which all rooms on the main level are approached. An expansive 26 X 25 double living room is punctuated with a wood burning fireplace and an eye-catching sweep of views across the Park through three large picture windows. The formal dining room flows seamlessly beyond the living room and easily accommodates dining and entertaining on a large scale. The windowed eat-in kitchen includes an adjacent pantry and staff bedroom with a full bathroom. The main level is complete with a separate corridor off the entry gallery which leads to two-bedroom suites - each with its own bath. A handsome staircase off the entry connects the main level with the gracious upper floor bedroom landing. The vast primary bedroom suite with wood-burning fireplace and direct Central Park views includes an enviably proportioned windowed bath with separate dressing room and closets. There are two additional bedrooms facing the park with baths en-suite. A delightful library/media room on the upper level bedroom floor offers a cozy contrast to the more public rooms below. A particularly spacious laundry room and workspace completes the upper floor and includes a home office, additional staff room and full bath. The sale includes two storage rooms accessed within the building.
1158 Fifth Avenue is a landmarked prewar cooperative building Designed by C. Howard Krane and Kenneth Franzheim in the French Renaissance-style and completed in 1924. The building sits atop a 3-story limestone base and is clad in tan brick with wrought iron and limestone detailing. Residents enjoy an abundant and courteous staff including fulltime doorman, concierge and resident manager offering impeccable service and security. Amenities include a fitness center, private storage, bicycle storage and central laundry. Located in prime Carnegie Hill on Central Park, 1158 Fifth is minutes to the world's top museums, luxury shopping, superb restaurants and Manhattan's preeminent schools. Financing is allowed up to 40% and pets are permitted.
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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 | $9,200,000 | $9,200,000 | $9,200,000 |
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 | 6.599% | 6.472% | 6.032% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $52,237 | $57,396 | $77,015 |
Total Monthly Payment | $52,362 | $57,521 | $77,140 |
* 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.