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Meticulously renovated throughout, this south-facing and sun-drenched two-bedroom, two-bathroom home is perfectly situated on Fifth Avenue and Central Park, offering stunning City and oblique Park views from every room. No matter the time of the day or season of the year, you can truly experience the vibrancy, excitement, and beauty of Manhattan.
One enters a generously proportioned gallery bordered by two custom-fitted coat closets, leading to the oversized great room with ample space for both gracious living and a dining area which comfortably accommodates eight. An art lover will appreciate the fabulous wall space to present their most prized works, and oversized southern facing picture windows throughout bathe the home in natural light all day long.
The bedrooms are separated from each other by a gorgeously appointed windowed chef's galley kitchen, replete with appliances by Miele, Samsung, Bosch, and Kitchen Aid, handsome deep blue granite countertops, washer/dryer, custom cabinets galore, a small dining bar, and radiant heat floors.
The 2nd bedroom is spacious and has a wall of windows, a large custom-fitted closet, custom blinds (both solar and blackout) and has plenty of room for both desk and dresser. Opposite the bedroom is the first of two exquisitely appointed bathrooms: complete with stall shower, rain head shower, designer tile, fixtures by Duravit and Toto, and radiant heated floors.
The oversized primary bedroom suite offers superlative views of Museum Mile and Central Park, has both a grand walk-in closet and a wall of custom built-ins providing endless storage, both solar and blackout shades, and a gorgeous en suite designer bathroom complete with Duravit fixtures, large double sink, lovely spa-like shower, and radiant heated floors.
Additional special features of note: Richly stained original parquet floors, thru-wall air conditioning throughout, updated tilt and turn picture windows, marble window seats, electric blinds in the living room, all closets fitted by California Closet, and custom lighting throughout.
1050 Fifth Avenue is a luxury ultra-full-service cooperative built in 1959 at the height of mid-century modernism and is situated on the corner of 86th Street and Fifth Avenue in the heart of the Upper Eastside and Museum Mile. The stylish building offers 24-hour doormen, live-in Resident Manager, fully equipped in-house gym, bike storage, basement laundry, and a rare in-house garage offering parking for $385 per month for residents. Finally, a new roof deck offers breathtaking panoramic views of Manhattan and yes, pets are welcome.
Perfectly situated near all forms of public transportation, the finest of restaurants, museums, shopping, arts and cultural centers, as well as convenient accessibility to the Upper Westside, this unique home offers Fifth Avenue living at its very best.
Please note there is a capital assessment of $640/mo. through December 2025 for completed LL11 and Terrace projects.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,395,000
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 | $1,916,000 | $1,916,000 | $1,916,000 |
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 | $10,879 | $12,268 | $16,298 |
Total Monthly Payment | $11,004 | $12,393 | $16,423 |
* 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.