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Enter this sun-drenched duplex penthouse via your private elevator. With ~4, 200 square feet of interior space and a spectacular 2, 200-square-foot wraparound terrace, this 5 bedroom co-op is a rare offering of light, outdoor space, and elevation on Fifth Avenue. Bathed in extraordinary natural light throughout the day, the residence benefits from east, south and north exposures that create an open, airy atmosphere. Open city views provide a dynamic and ever-changing backdrop. The living and dining rooms capture both the light and openness. Anchored by a gas fireplace, the living room flows seamlessly into a bright dining room—creating a comfortable and inviting setting for both daily living and entertaining. The Poggenpohl eat-in kitchen is thoughtfully designed for both function and ease, with generous space for casual dining, effortless connection to the main living areas and direct access to the terrace. A full bathroom is conveniently located nearby. The primary suite offers a peaceful retreat, also with direct access to the terrace and open city views. Three additional bright bedrooms are situated on the lower level, along with a media room that enhances the home’s flexibility. A separate fifth bedroom with en suite bath provides ideal space for guests, staff, or a private office. The wraparound terrace is a defining feature—an expansive, beautifully planted outdoor space that functions as a true garden in the sky. With multiple exposures and wide-open city views, it offers opportunities for outdoor dining, entertaining, and quiet retreat above the city. Additional highlights include two fireplaces, central air conditioning on the upper level with through-the-wall air conditioning below, and a windowed private adjacent laundry room. Two storage rooms transfer with the sale. 1158 Fifth Avenue is a distinguished white-glove cooperative offering 24-hour doormen, a live-in resident manager, fitness center, bicycle storage, private storage and central laundry. Pet friendly. 2. 5% flip tax by buyer. 40% financing permitted. Penthouse residences on Fifth Avenue with this level of light, outdoor space, and scale are exceptionally rare.
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.
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Our Executive Mortgage Banker:
$8,995,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $7,196,000 | $7,196,000 | $7,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $40,296 | $43,144 | $60,239 |
| Total Monthly Payment | $40,421 | $43,269 | $60,364 |
* 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.