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Exceptional High-Floor Residence at Park V, 785 Fifth Avenue Discover a truly remarkable residence on a high floor, recently renovated to perfection and now available at the prestigious Park V. Upon entering your private landing, you will be captivated by breathtaking side Park and landmark views, an abundance of natural light, and grand-scale rooms featuring 9-foot ceilings throughout and approximately 2, 400 square feet of sheer elegance. Residence 12C welcomes you with a proper foyer, Peiser custom hardwood floors, numerous walk-in closets, California Closets, central air conditioning and heating units, a vented washer and dryer, and a whimsical powder room. The grand living room, with Central Park views, is both inspiring and tranquil, perfect for relaxation or entertaining. The primary bedroom also offers stunning views of Central Park and surrounding landmarks, featuring custom cabinetry, two walk-in closets, and a spectacular en-suite bathroom outfitted with Porcelanosa fixtures and tiles, a Duravit toilet, City Quiet windows for ultimate serenity. The secondary bedroom, located on the opposite side of the apartment, is equally spacious and includes a walk-in California Closet, an en-suite windowed bathroom equipped with Porcelanosa fittings, a Duravit toilet, a shower, and a separate tub . The windowed kitchen is a chef’s delight, equipped with a vented Miele oven and stove, Poggenpohl custom cabinetry, a 48" Miele refrigerator and a vented Miele washer and dryer. It seamlessly connects to a generously sized dining room, ideal for hosting guests. The Park V is one of Fifth Avenue’s most elegant white-glove cooperatives, offering the highest level of service and security. Built in 1963 by Emery Roth, the building features a limestone façade and is ideally situated near The Pierre, The Sherry-Netherland, Cipriani, the Metropolitan Club, exceptional restaurants, world-class shopping, renowned arts institutions, and, of course, Central Park. The building has recently secured a premier retail tenant, Audemars Piguet — a “Holy Grail” brand for watch collectors. The resident manager and exceptional staff provide unparalleled service. Maintenance includes all utilities. The recently renovated, jaw-dropping lobby welcomes you home each day. Amenities include a fitness center, storage, and a parking garage. Pied-à-terre and international purchasers are welcome. Flip tax is 2. 5%. The building is currently completing Local Law 11 work, ensuring many years with a newly repointed façade. I would be delighted to arrange a showing.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$4,500,000
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 | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,159 | $21,874 | $30,136 |
| Total Monthly Payment | $20,284 | $21,999 | $30,261 |
* 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.