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Townhouse Alternative On 5Th With Park View
This outstanding, expansive 4-bedroom 4. 5 bath condo in Upper Carnegie Hill is approx 4, 000 sf and includes a Bonus Room ideal for a gym, home office, or den. With 40 ft of windows directly overlooking Central Park. it delivers sweeping views at an ideal elevation. Comparable in size to many townhouses but coupled with the light, security, convenience and amenities of a full service condo, this uniquely discreet home is for the discerning buyer seeking real value in today's market. It is in excellent condition - no renovations needed.
A private landing opens to a grand gallery - setting the stage for a generously proportioned Living/Dining Room. Meticulously and seamlessly constructed, this residence has custom mill work as well as oak floors and moldings that contribute to an atmosphere of timeless sophistication. A state of the art Kitchen complete with Dornbracht fixtures, Miele and Bertazzoni appliances, Italian custom cabinets and stone countertops is a culinary enthusiast's dream.
The West Wing also contains the Primary Bedroom Suite with a dressing area, study and a luxurious windowed spa-like bathroom with radiant heated floors. There is a south-facing bedroom that also boasts its own private bathroom. The East Wing, separated by pocket doors, opens to an oversized Media/Entertainment Room - a perfect place to relax and unwind - alongside two more bedrooms and bathrooms with custom closets and charming window seats. An ancillary Pantry/Kitchen, Washer/Dryer and The flexible Bonus Room complete this side of the layout - all carefully considered and all on one floor. Additional noteworthy features are Thermopane windows, an abundance of closets and an integrated fully automated home system (ELAN) for motorized shades, lights, and audio - making this superb modern residence practical as well as luxurious.
Built in 1925 and converted in 2012, 1212 Fifth was completely gut-renovated and redesigned and is LEED-certified. Residents enjoy a host of amenities including a 24-hour attended lobby, live-in resident manager, a 2, 500 square foot state of the art gym, resident's lounge, playroom, storage and supplemental laundry facilities. It is also pet friendly. Access to a swimming pool and parking are available for a fee at adjacent 1214 Fifth Avenue. Its prime location along Museum Mile provides easy access to schools, world class cultural institutions and the best of NYC living.
Delivering extraordinary views and reimagined for 21st century living this is truly a compelling offering and an exceptional find.
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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 | $5,840,000 | $5,840,000 | $5,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,159 | $37,394 | $49,677 |
Total Monthly Payment | $33,284 | $37,519 | $49,802 |
* 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.