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This impeccable Fifth Avenue pied-a-terre is a masterful collaboration between interior designer Michael S. Smith and architect Oscar Shamamian, longtime creative partners, for a longstanding shared client. The collective expertise of this visionary design duo is defined by a rare, relaxed elegance and an unmatched standard of thoughtful and flawless execution. With captivating views of Central Park from every room, this magical full floor aerie is located atop a classic 1925 prewar cooperative. Twelve oversized windows provide a perfect vantage point for the changing seasons of Central Park, the Metropolitan Museum, the landmarked buildings of Central Park West, and the northern horizon to the George Washington Bridge. 969 Fifth Avenue is located opposite the James B. Duke Mansion, the Horace Trumbauer designed limestone masterpiece, on one of the most desirable tree-lined mansion blocks of the Upper East Side Historic District. The Henry Cook Block, between East 78th and East 79th Streets and Fifth and Madison Avenues, is the last remaining block with all of its landmarked low-rise mansions intact. The spectacular views are protected by deeded height restrictions upon all buildings within the block imposed by Henry Cook, which remain in place to this day. The handsome attended elevator opens directly into the stunning full floor residence. A gracious Entry Gallery with Japanese marble flooring leads to a grand corner Living Room, where 5 large windows overlook Central Park. This expansive reception room features a wood-burning fireplace with a fine Antique Regency English mantel, quarter sawn cerused oak flooring and exquisite custom wood and plaster millwork and decorative architectural elements by Féau Boiseries of Paris. The adjacent Dining Room/Library, paneled with enameled bookshelves, also enjoys park views. A charming Primary Bedroom boasts open park and Museum views, a custom designed television lift and a spa-like windowed en-suite Bathroom finished in semi-precious Cream Onyx with marble flooring, a soaking tub and shower. The Second Bedroom also enjoys northern park views and includes a luxurious en-suite Bathroom paneled in marble with a double shower. The Powder Room, outfitted with shagreen cabinetry, is lined with exquisite panels created by John Simon Guggenheim Fellow Nancy Lorenz whose artistic style is characterized by its references to expressionistic abstraction and use of decorative craftsmanship. A superb Eat-In Chef’s Kitchen with soapstone countertops and granite flooring enjoys dual northern and eastern exposures with views to the George Washington Bridge. The Kitchen features a Viking Professional 6 Burner Stove, Sub-Zero Refrigerator Freezer, an ASKO dishwasher, a dining banquette, bookshelves and excellent storage. A Hall Closet contains an ASKO Washer and Dryer and a Media Stack. The apartment includes central air conditioning, humidification, and Lutron systems, a sophisticated media system and radiant heated floors in all rooms. A successful marriage of classic detail and craftsmanship with a brand new infrastructure, state-of-the-art systems and extraordinary finishes throughout. There are only 12 apartments, providing for an intimate and luxurious experience with a high level of staffing. Incomparable service and seamless security are provided by a superb property manager and 24 hour Doorman. Pets, pied-a-terres, and financing of up to 30% are permitted. A 3% Flip Tax is payable by the Purchaser. Storage conveys with the apartment. Showing appointments are permitted Weekdays from 9: 00 a. m. - 4: 00 p. m.
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:
$12,000,000
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 |
|
|---|---|---|---|
| Loan Amount | $9,600,000 | $9,600,000 | $9,600,000 |
| 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 | $53,757 | $58,331 | $80,363 |
| Total Monthly Payment | $53,882 | $58,456 | $80,488 |
* 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.