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MAGNIFICENT FIFTH AVE 2 BED STUNNER!
It is our distinct pleasure to present Residence 7C at 1050 Fifth Avenue, a coveted address ideally situated at the corner of 86th Street & Fifth Avenue.
This impeccably renovated cooperative enjoys radiant southern exposures, offering an enchanting view of Central Park, all illuminated by an abundance of natural light.
This elegant two-bedroom & two bath home opens with a large gracious entry foyer featuring abundant closet space. The thoughtfully designed layout flows seamlessly into a sophisticated dining room, (which can easily be converted back to the second bedroom) and & spacious living room large enough to accommodate a baby grand piano. It is ideal for intimate gatherings and formal entertaining. Oversized windows fill every room with light, highlighting the gleaming hardwood floors throughout. A discreet walk-in closet near the living area adds to the thoughtful storage, while a striking powder room finished in Vermont structural slate includes two closets & can be converted back to a full bath.
The windowed kitchen is a masterclass in both form and function, appointed with sleek Corian countertops and backsplash, bespoke walnut cabinetry & abundant storage. Premium appliances include a Gaggenau range, Miele dishwasher & Sub-Zero refrigerator with dual freezers, complemented by a separate pantry closet-perfectly suited for seamless daily living & effortless entertaining.
A private hallway leads to the serene primary suite, which may be discreetly enclosed by a concealed door for heightened privacy. This tranquil retreat features custom built-ins with elegant sliding art panels, ample closet space & a dedicated study area with a beautiful view of Central Park & the surrounding skyline. The en-suite marble bath is a sanctuary in its own right, showcasing a Japanese tiled accent wall, an exquisite walk-in shower & three additional closets.
Meticulously curated with extraordinary attention to detail, this residence is truly move-in ready. Residents of 1050 Fifth Avenue enjoy an elevated full-service lifestyle, including a 24-hour doorman & concierge & live-in resident manager. Amenities further include a fitness room, bicycle area, storage facilities, laundry room & an on-site garage with preferential rates. The building's roof deck offers sweeping,
panoramic vistas of Central Park & the city beyond.
Pets are welcome. Financing of up to 50% is permitted, along with a 1% flip tax. A monthly assessment is in place through December 2026.
This is a rare & exceptional opportunity to acquire a distinguished home in one of Manhattan's most prestigious and sought-after locations directly across from Central Park.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$2,295,000
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 | $1,836,000 | $1,836,000 | $1,836,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,425 | $11,156 | $15,493 |
| Total Monthly Payment | $10,550 | $11,281 | $15,618 |
* 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.