721 Fifth Avenue, #Apt. 54J, New York (Midtown East), NY, 10022 | $4,995,000

Rarely does the opportunity arise to purchase a masterpiece of concept & design as is represented in Apt. 54J, a 1, 923 sq. ft. two bedroom with two baths. Positioned on the premier corner in the upper reaches of Trump Tower, Apt. 54J has been reimagined in the grand and opulent style of the French Empire. Privately contracted with artisans, each exquisite detail of this elegant apartment has been thoroughly thought through and painstakingly rendered. Some of the features to be highlighted are: -Gold leaf application on the foyer and gallery domed ceilings; -Spectacular woodworking in the foyer, gallery and den/second bedroom which has been crafted of solid, old-growth mahogany, almost impossible to find today, and French polished with 45 coats of lacquer; -A cast balustrade on all windows enhancing both the interior design and the views beyond; -Spectacular castings and faux painting throughout the apartment, all with the magnificent backdrop of Central Park and the City. -French patterned carpets, not produced in over 100 years, which have been recreated by a British carpet manufacturer; -Heated floors in pearl blue granite in the primary bathroom, carved in a mosaic style with petite silver tile inlays. One enters the circular foyer onto a white marble floor with a black marble frame, surrounded by rich mahogany cabinetry with wainscoting, hidden closets and two nooks for art or seating, lit overhead from a gold leaf domed ceiling. The cabinetry extends into the gallery over harlequin black and white marble floors and under an arched gold-leaf ceiling leading to the magnificent corner living room. The expansive living room with three exposures is the perfect setting for luxurious living or entertaining. Corinthian columns of faux malachite and gilt grace the perimeter of the room and frame the oversized windows, accented by the balustrade. A black marble decorative fireplace beneath a magnificent gilt mirror is the centerpiece for one side of the room with a wall of built-in bookshelves, display shelves and concealed storage on the other. Panoramic views north to the full length of Central Park, west to the top of the Aman New York, formerly the Crown Building, one of the City’s most architecturally exceptional buildings, and south down Fifth Avenue to the City complete this breathtaking setting, filled with sunlight by day and dazzling with the City’s lights at night. Off of the gallery is the second bedroom, currently configured as a den, which, as presented, compliments and expands the living and entertaining area. Outfitted with custom made furnishings and carpeting, this space has been brilliantly designed to readily transform into a second bedroom if and when preferable. The corner room is paneled in the same rich mahogany as the gallery with crown moldings handsomely distinguishing the area. The cabinetry has been engineered to conceal three large customized closets and doors, which can be closed for privacy. Also behind a beautiful mahogany door is an en-suite marble bathroom which completes this room. Views to the south and west include the historic Fifth Avenue Presbyterian Church and the grand Peninsula Hotel. Across the gallery is the spacious, L-shaped kitchen. Rich, warm wood cabinets provide plenty of storage space, high-end appliances include a Sub-Zero refrigerator, Thermador cooktop and Miele oven, and sage granite countertops, backsplashes and floors, hand-etched and accented with a gold inlay around the perimeter, carry forth the attention to detail and caliber of finish found throughout this apartment. The kitchen extends to the right leading to a laundry room with a stacked washer/dryer, a large stainless steel utility sink and plenty of additional cupboard space. Last but not least is the exquisite primary bedroom suite facing north with extraordinary views of Central Park from both the bedroom and bathroom. Decorated in French blue, dark woods, and silver accents, the walls are covered in silk, custom crown moldings adorn the walls and ceiling, the plush carpet has been beautifully replicated, and the furniture, each a work of art, has been chosen or created to complement and enhance this extraordinary, serene setting. The sizable en-suite bathroom features a large window overlooking the Park, pearl blue granite and white marble shower, pearl blue granite countertops, wall accents and heated floors carved in a mosaic style with petite silver tile inlays. A private lavatory includes a sink, toilet and bidet. This apartment must be seen to be fully appreciated. Trump Tower is located at 721 Fifth Avenue in the midst of some of the most celebrated high-end shopping in the world. This famed condominium offers full-time doorman and concierge service, attended elevators, with valet, laundry and housekeeping services available to residents.  Added in 2021 is a fabulous new amenity floor offering a fitness center including Peloton bikes, a circuit training space and a stretching corner, a private yoga studio, a coffee/wet bar, a residential lounge, private event space, chef's table, stadium seating movie theater, library, business center, conference rooms, children's playroom, billiards room and more.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 68
  • Amenities: Courtyard; Fitness Room; Laundry Room; Maid Service; Valet;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: OnCommonFloor
  • Complex: Trump Tower
  • Year Built: 1983
  • Pet Policy: No Pets
  • Washer / Dryer: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Service
  • Concierge: Yes
  • Doorman: PartTime
  • OLR#: PRCH40228824
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/PRCH40228824/721fifthavenue_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 Keller Williams NYC

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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721 Fifth Avenue, #Apt. 54J, New York (Midtown East), NY, 10022

$4,995,000

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 $3,996,000 $3,996,000 $3,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.637% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,003 $25,257 $33,991
Total Monthly Payment $23,128 $25,382 $34,116

* 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.