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Welcome to Residence 9B at The Parc V, an exquisite one-bedroom, two-bathroom home in a prestigious white-glove cooperative at 785 Fifth Avenue. This luxurious apartment offers breathtaking, unobstructed views of Central Park, Billionaires Row, and Manhattan's iconic skyline through expansive picture windows. Expertly redesigned by Jeff Lincoln, the residence features spacious rooms with venetian plastered walls and wide plank DuChateau solid oak floors. The state-of-the-art kitchen boasts custom cerused oak cabinetry, high-end appliances, and a statuary marble floor, perfect for culinary enthusiasts.
The primary suite is a sanctuary with two large lacquered pocket doors, an en-suite bathroom with heated floors, and an elegantly designed dressing room. Modern upgrades include new air conditioning and heating units, Citi windows for UV protection and noise reduction, custom closets, and a convenient washer/dryer combo unit.
The Parc V, designed by renowned architect Emery Roth and built in 1963, is ideally located at the southeast edge of Central Park, amidst Manhattan's most esteemed landmarks like The Plaza, The Sherry Netherland, The Pierre, and the Metropolitan Club. Residents enjoy unparalleled amenities, including full-time lobby attendants, a live-in resident manager, a newly renovated fitness center, private storage, central laundry facilities, and a parking garage with direct elevator access. The newly designed lobby enhances the building's elegance, and in-unit mail delivery adds convenience. Maintenance includes utilities, and only service pets are permitted. Financing is available up to 50%, with a 2. 5% flip tax.
Experience the epitome of luxury living at 785 Fifth Avenue, where sophistication meets comfort in the heart of Manhattan. Make Residence 9B your new home and indulge in the finest urban lifestyle with unparalleled views and amenities.
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:
$2,359,000
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 | $1,887,200 | $1,887,200 | $1,887,200 |
| 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 | $10,568 | $11,467 | $15,798 |
| Total Monthly Payment | $10,693 | $11,592 | $15,923 |
* 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.