New York (Lenox Hill), NY, 10022 | $3,595,000

Experience the epitome of sophisticated urban living in this distinguished cooperative, Residence 7E on Fifth Avenue's Upper East Side.

Enter this residence from a semi-private landing, a nice touch that offers you the luxury of privacy. This mint condition two-bedroom home boasts generously proportioned rooms, 9" ceilings, a grand open living space for entertaining and dining. The kitchen opens on to a spacious dining area currently configured like a den or gathering room and features a built-in breakfast bar.

The Primary bedroom centered on a fireplace features two large walk-in closets and a marble en-suite bathroom. The second bedroom also has an en-suite bathroom. There is also a powder room connected the gracious entry for your guests. This apartment has a small staff room with a full en-suite bathroom.

Purchase as a primary residence or Pied-a-Terre; International purchasers are welcome.

One of Fifth Avenue's premier White Glove buildings, the Parc V was designed by renowned architect, Emory Roth where residents enjoy the highest level of service, discretion and security. An exceptional full-service staff, 2 doormen on at all times & live-in superintendent provide unparalleled service. The lobby has undergone a complete renovation and rivals any building on Fifth Avenue. Mail and newspapers are delivered to your door on a daily basis. Maintenance includes all utilities.

Of Special Note. . . This building has recently secured a premier tenant, Audemars Piguet which will establish its U. S. flagship store at this property on Fifth Avenue. A highly respected Swiss luxury watch purveyor, we are delighted to have them as our retail tenant.

Amenities offered are a fitness center outfitted with machines and weights, individual storage facility and parking garage. Washer/dryers are permitted with board approval. Financing is 50%. Flip Tax is 2. 5% of purchase price payable by Buyer. No pets please.

The nexus of culture, high-end retail and fine dining, 785 Fifth Avenue is in close proximity to Museum Mile and New York's most coveted retail boutiques and restaurants. The building is perfectly situated between The Sherry Netherlands, Cipriani and The Pierre, across from The Metropolitan Club and adjacent to The Plaza, Bergdorf Goodman, Louis Vuitton, Zegna, Prada and Harry Winston. And, for the best cuisine, Avra, Le Bibliotheque and Il Mulino are around the corner. Directly across the park is the Time Warner Center, Tavern on the Green and in the cultural heart of the westside, Lincoln Center.

Features

  • Town: New York
  • Cooling: Other
  • Levels: 19
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Building Other,In Unit
  • Complex: Parc V
  • Year Built: 1963
  • Common Charge: $5,480 Monthly
  • Approx Sq. Feet: 2,300
  • View: City
  • Pet Policy: Building No,No
  • Appliances: Dishwasher
  • MLS#: RLS20087886
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /prop/RLS20087886/7855thavenue_newyork_ny?source=qrflyer
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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
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New York (Lenox Hill), NY, 10022

$3,595,000

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 $2,876,000 $2,876,000 $2,876,000
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,105 $17,475 $24,076
Total Monthly Payment $16,230 $17,600 $24,201

* 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.