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The luxury of this generous and beautifully proportioned Fifth Avenue home is highlighted by a petite terrasse enjoyable for morning coffee and evening cocktails. Originally 5 rooms, the dining room has been opened to create an expansive living room as well as an capacious windowed entrance. The living room view is graced by a linden tree that provides shade and pleases with dappled light year round. As a end unit, windows on three sides provide lovely cross breezes during warmer weather. The two grand scaled bedrooms are sunny, south-facing and most importantly, pin-drop quiet. The primary bedroom features a beautifully renovated ensuite bathroom with a european glass enclosed tub featuring a multihead shower and a hand held showerhead. The second bathroom is in the hallway, convenient to the second bedroom and has a step in shower. There is abundant closet space and a large storage unit is included with the property as well. Features of the apartment include beautiful hardwood floors, beamed ceilings, oversized tilt and turn windows and HVAC (thru-wall) units. The windowed kitchen features top of the line appliances including a Bertazzoni stove and Blomberg refrigerator and dishwasher. A new Bosch washer dryer is conveniently located in the apartment. 860 Fifth Avenue is an acclaimed full-service cooperative located directly across from Central Park between 67th and 68th Streets. It was built in 1950 by the architectural firm of Sylvan Bien and comprises of 159 unitsbetween two wings on 19 floors. The building features a beautifully landscaped entrance to a quintessentiallly elegant New York lobby. Residents enjoy 24-hour white-glove service, full-time doormen, elevator attendants, a live-in resident manager, an impressive and fully equipped fitness center, bike room, laundry room and an on-site easy access garage with preferred shareholder pricing of $598. 00 +/- per month. The building is pet-friendly and allows pieds-a-terre. Subletting is not allowed. There is a maximum of 50% financing permitted. A 2% flip tax is applicable and paid by the Buyer. There is an assessment of $520. 92/month through December 2024 Move right in to this absolute charmer and enjoy the incomparable energy and excitement of Manhattan while coming home to your own serene sanctuary. |
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,160,000 | $1,160,000 | $1,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,678 | $7,237 | $9,867 |
Total Monthly Payment | $6,803 | $7,362 | $9,992 |
* 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.