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Spacious High-Floor Home with Split Bedroom Layout and Abundant Entertaining Space
Welcome to a beautifully proportioned home designed for both gracious living and effortless entertaining . You enter the apartment from a semi-private common hallway into the apartment's foyer that draws you into the large and bright north-facing great room. This double-wide space comfortably accommodates multiple seating areas and offers a partial Central Park exposure.
Adjacent is the renovated, east-facing kitchen, open to the dining room, which receives wonderful sunlight and has open skyline views. Features include new appliances, and excellent counter and cabinet space.
The split bedroom layout provides privacy and flexibility with multiple uses for residents and their guests. There are two primary suites featuring large closets and sizable en-suite bathrooms. Two other bedrooms each have generous closet space, and access to two additional bathrooms.
A second gallery leads to a back pantry/ laundry room, which houses a second refrigerator, a wine fridge, and extra storage. Additional details of this move-in-ready home include thru-wall A/C, hardwood floors, and outfitted closets throughout.
875 Fifth Avenue is a white glove cooperative built in 1940 and designed by the renowned architect Emery Roth. Building offering include 2 4 hour doormen , around the clock maintenance staff, security desk, full time resident manager, a state-of-the-art fitness center, business center/media room, bike room, and central laundry room. Located on Fifth Avenue and East 69th Street one enjoys living on Central Park with access to the best restaurants and shops the Upper East Side has to offer. Please note that pets are not permitted , and there is a 12-month capital assessment in place for $550/Mo. The building allows pied-a-terre, 50% financing, and a there is a 4% flip tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $4,396,000 | $4,396,000 | $4,396,000 |
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 | $24,960 | $28,148 | $37,393 |
Total Monthly Payment | $25,085 | $28,273 | $37,518 |
* 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.