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With some of the most spectacular panoramic views of Central Park, the reservoir, and the iconic Manhattan skyline, this exceptional southwest corner classic nine into eight room prewar residence is perfectly positioned on the 11th floor of 1115 Fifth Avenue, a distinguished cooperative designed by renowned architect J. E. R. Carpenter. Nine oversized west-facing windows frame these breathtaking vistas and extraordinary sunsets, with approximately 70 feet of frontage overlooking Central Park and 50 feet of southern exposures. Renovated to the highest standards, the residence combines grand-scale entertaining spaces with exceptional finishes throughout, including central air conditioning, Lutron lighting, custom moldings and millwork, Waterworks fixtures, and beautifully finished hardwood floors.
A semi-private elevator landing opens to an elegant foyer and magnificent entrance gallery, creating a dramatic introduction to the home's graceful proportions. The spectacular corner living room, measuring over 28 feet in length, is centered around a wood-burning fireplace and lined with four oversized windows overlooking Central Park, the reservoir, and the skyline beyond. Adjacent is a gracious corner dining room with beautiful southern and eastern exposures, ideal for both formal entertaining and intimate gatherings. Just beyond, the handsome library features custom built-ins and additional sweeping park views.
The meticulously renovated windowed eat-in kitchen is both elegant and functional, appointed with custom Scavolini cabinetry, two Franke sinks, and a center island. Top-of-the-line appliances include a Miele refrigerator, two Sub-Zero freezer drawers, a Gaggenau wine refrigerator, a Miele oven and range, and two Miele dishwashers. Off the kitchen is a study or third bedroom with a Murphy bed and a renovated windowed bathroom with a shower, as well as a laundry/staff room with a washer/dryer and sink. A large coat closet and beautifully appointed powder room complete the entertaining spaces.
Privately situated, the luxurious primary suite overlooks Central Park and enjoys stunning reservoir and city views. The suite features two enormous closets and a lavish windowed en-suite bathroom with radiant heated floors and an oversized shower overlooking the park and reservoir. An additional spacious bedroom suite also enjoys beautiful park views and is currently configured as an elegant dressing room with extensive custom built-ins and a windowed en-suite bathroom with radiant heated floors.
Built in 1926, this distinguished white-glove cooperative houses just forty-two residences and offers the highest level of service and privacy, including a full-time doorman, live-in resident manager, renovated fitness center, and bicycle room. There is a 2. 5% flip tax payable by the purchaser, and 50% financing is permitted.
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:
$9,800,000
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 | $7,840,000 | $7,840,000 | $7,840,000 |
| 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 | $43,902 | $47,637 | $65,630 |
| Total Monthly Payment | $44,027 | $47,762 | $65,755 |
* 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.