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Located on Fifth Avenue in the heart of Carnegie Hill, Residence 2C at 1120 Fifth Avenue presents a rare opportunity to own a distinguished pre-war home with nearly 45 feet of direct Central Park frontage. Spanning nine beautifully proportioned rooms, this exceptional residence seamlessly combines grand scale, timeless architectural detail, and a flexible modern layout with sweeping park views.
A semi-private elevator landing opens to a gracious entry foyer that leads to a serene, sun-filled living room anchored by a wood-burning fireplace and framed by oversized windows overlooking Central Park from high above street level. The living room flows seamlessly into a formal dining room-one of the home's most remarkable spaces-featuring original hand-painted wallpaper by Zuber & Cie, uncovered during the renovation and meticulously restored by the current owner. Produced using centuries-old woodblock techniques, this highly collectible work of art-similar to those installed in the Diplomatic Reception Room of the White House-imbues the residence with extraordinary history, craftsmanship, and distinction.
Adjacent to the dining room - through a well-appointed butler's pantry designed for effortless entertaining - find a windowed eat-in kitchen which blends timeless elegance with modern functionality. Marble countertops, glass-front cabinetry, and professional-grade stainless steel appliances create a space that is both refined and practical.
A private bedroom wing is accessed through a gallery hall lined with generous closet space. The tranquil primary suite features an oversized bedroom filled with beautiful morning light and a thoughtfully renovated windowed bath complete with dual vanities and a soaking tub. Two additional bedrooms enjoy open eastern exposures overlooking charming townhouse gardens and share an elegantly appointed bath.
Complementing the home's versatile layout, the media room or den offers an inviting space for relaxed living, work, or entertaining. A separate laundry room, third full bathroom, dedicated storage or home office space and powder room complete the home and provide exceptional flexibility and functionality for modern living.
Additional highlights include soaring 9. 5-foot ceilings, hardwood floors, central air conditioning, updated electrical systems, and numerous thoughtful upgrades throughout.
Designed in 1925 by renowned architect J. E. R. Carpenter, 1120 Fifth Avenue is one of Carnegie Hill's most coveted pre-war cooperatives. Residents enjoy white-glove service including a 24-hour doorman, live-in resident manager, newly renovated fitness center, bike room, and pet-friendly policies. Perfectly positioned across from Central Park and moments from Museum Mile, world-class dining, shopping, and cultural institutions, this is a rare opportunity to own within one of Fifth Avenue's most distinguished addresses.
A 2% flip tax is payable by the buyer. Financing permitted up to 50%.
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:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
| 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 | $26,856 | $29,141 | $40,148 |
| Total Monthly Payment | $26,981 | $29,266 | $40,273 |
* 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.