New York (Lenox Hill), NY, 10065 | $8,750,000

A STUNNING FIFTH AVENUE ENTERTAINER'S DREAM WITH EXPANSIVE PRIVATE TERRACE

An extraordinary opportunity awaits at 870 Fifth Avenue: a spectacular home currently configured as a two bedroom, den/library, and two-and-a-half-bath residence with an expansive private terrace offering open views stretching from Billionaires' Row to peeking into Central Park. Completely reimagined and redesigned in 2024 by internationally acclaimed AD100 designer Tony Ingrao, this home was gut-renovated from the ground up with no expense spared resulting in a seamless blend of timeless elegance and modern sophistication.

Inside, glamorous style meets thoughtful design. The expansive living and dining areas flow effortlessly across wide-plank white oak floors, illuminated by recessed Element lighting and anchored by a custom backlit onyx bar-a striking centerpiece for entertaining. The open-plan layout extends naturally to the vast terrace through 3 sets of French doors. This a truly rare Fifth Avenue sanctuary with endless possibilities for al fresco dining, lounging, and gatherings under the city skyline.

The king-sized primary suite offers a peaceful retreat with abundant storage, including a generous walk-in closet and custom built-ins. Its ensuite bath is spa-caliber, finished with quartzite countertops and a full five-piece Waterworks fixture set. The second bedroom with it's own ensuite gorgeous bathroom is in the private Northern wing of the home. The elegant private powder room-complete with a quartzite vanity, Cristal & Bronze fixtures, and a dramatic backlit decorative panel-provide both comfort and style. A large den/home office/3rd bedroom with bright east and north exposures offers complete flexibility.

The chef's kitchen is a true showpiece, marrying Hans Krug European cabinetry in wood veneer and lacquer finishes with marble countertops, Dornbracht fixtures, a Wolf gas range with vented hood, Sub-Zero refrigeration, and dual Cove dishwashers. Next to the kitchen is a large walk in laundry room with plenty of storage, and an additional pantry.

Modern systems elevate every detail of daily living: a five-zone HVAC system, vented kitchen and laundry, integrated Lutron lighting, and automated shades, and a Sonance in-ceiling sound system that extends throughout the residence. Every element has been carefully considered, delivering a truly turnkey home for the most discerning buyer.

870 Fifth Avenue is a distinguished white-glove cooperative offering full-time staff, a beautifully landscaped roof deck, fitness center, and impeccable service. Its prime location at the corner of Fifth Avenue and 68th Street places you moments from Central Park, world-class dining, cafés, boutiques, and cultural institutions.

A storage unit transfers with the sale.

Please Note: There is a 3% flip tax

This residence is more than an apartment-it is a private Fifth Avenue oasis.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 20
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Building Other,Washer Hookup,In Unit
  • Year Built: 1949
  • Common Charge: $9,955 Monthly
  • View: City,Park/Greenbelt
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20086356
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /prop/RLS20086356/8705thavenue_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
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 Corcoran Group   Phone: (212) 355-3550

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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New York (Lenox Hill), NY, 10065

$8,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $7,000,000 $7,000,000 $7,000,000
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% 6.259% 6.058%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $39,198 $42,533 $58,598
Total Monthly Payment $39,323 $42,658 $58,723

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.