973 Fifth Avenue, New York (Upper East Side), NY, 10075 | $58,000,000

A design tour-de-force, the mansion at 973 Fifth Avenue, architected by Stanford White of McKim, Mead and White, spans more than 16, 000 square feet over seven floors and features 10 bedrooms and 10 bathrooms with grand Italian Renaissance Palazzo style. This singular, pre-eminent masterpiece sits facing Central Park and is the only renovated mansion on Fifth Avenue. The spectacular residence has remained true to the original floorplans, thanks to a painstaking restoration of many of the interior details, including moldings, fireplaces, windows and paneling. Beneath its stately surface, it has been given a thorough reconstruction and completely modernized with the highest caliber electrical, plumbing, HVAC, elevator and security systems. All modern conveniences have been added, and each system upgraded and thoughtfully integrated while honoring the heritage of this impressive townhouse. Situated between the home of the Cultural Services of the French Embassy and the Ukrainian Institute of America, and across from Central Park and the Metropolitan Museum of Art, this mansion boasts palatial entertaining rooms with 16-foot ceilings that allow for sweeping views over the treetops of Fifth Avenue. This residence sits amongst other stately, limestone mansions on the “Cook Block, ” which is notable for the fact that none of the buildings on the block can be built above six stories, affording it a natural luminescence and an uncommon airiness. A rooftop garden and landscaped patio offer iconic 360° skyline and park views. The extraordinary home operates as a set for grand entertaining and simultaneously a respite from the city in its serene, elegant private quarters. A limestone staircase with original leaded glass windows and iron handrail lead from the grand entry foyer to stately landings on each floor. The home boasts two grand parlors, with one featuring original details including a French stained-glass window, personally acquired by Stanford White, as well as a painted wood beamed ceiling and paneling, and a marble-mantled, wood-burning fireplace. True to the era, the eat-in kitchen sits on the lower level and faithfully replicates the aesthetic of the times, but boasts top-of-the-line, restaurant-sized Wolf, Sub-Zero and Hobart appliances. An adjacent scullery has been restored to its original glory, and features a walk-in Master-Bilt refrigerator, a freezer chest, and a dumbwaiter, and opens to a large, service dining room built to service an estate. The laundry room features seven industrial-sized W/D and a deluxe Miele professional rotary iron. Luxurious sleeping quarters follow a dedicated layout of expansive bedrooms, large dressing rooms and ensuite bathrooms featuring Barber Wilson & Co. fixtures and vintage marble soaking tubs. The sixth floor can operate as full-service guest quarters with multiple bedrooms, two full bathrooms, as well as a kitchen complete with a full suite of appliances and a breakfast nook. While reachable by elevator, it also features an original, hidden internal staircase. Some of the original features worth noting are the Mother of Pearl and brass push button light switches, a vintage annunciator panel with call bells, a cast-iron walk-in safe closet, restored wood flooring, and sink closets on each floor. An original wine cellar has been modernized with climate control and custom storage, while an adjacent steam shower was built in sumptuous Moroccan Tadelakt stone. The foremost architect of the Gilded Age, Stanford White and his firm McKim, Mead and White left an indelible mark on American architecture. The esteemed firm was behind notable projects including Pennsylvania Station, a redesigned White House, the Washington Square Arch, and several clubhouses that became centers for New York’s society, such as the Colony, Lambs, Players and Metropolitan Clubs. White built the homes of the most distinguished families of the time, culminating in the design of the Henry Cook house at 973 Fifth Avenue. Thanks to a faithful restoration committed to integrity and authenticity, this is a rare, once-in-a-lifetime opportunity to own a piece of New York City’s vaunted heritage while enjoying the modern comforts so thoughtfully but discreetly included.

Features

  • Town: New York
  • Amenities: Alarm System; Garden; Laundry Room; Roof Deck; Wine Cellar;
  • Rooms: 30
  • Year Built: 1907
  • Cooling: Unknown Type
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • Built Size: 25'x97'
  • OLR#: PRCH7576704
  • Days on Market: 357 days
  • Website: https://www.raveis.com
    /eprop/PRCH7576704/973fifthavenue_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 Modlin Group LLC

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NMLS Mortgage Loan Originator ID 1880936

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973 Fifth Avenue, New York (Upper East Side), NY, 10075

$58,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $46,400,000 $46,400,000 $46,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.014% 6.915%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $285,693 $304,815 $410,598
Total Monthly Payment $285,818 $304,940 $410,723

* 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.