New York (Lenox Hill), NY, 10065 | $15,995,000

Perched directly above Central Park on one of Fifth Avenue's most established sections, this rare penthouse-level combination at 860 Fifth Avenue offers a type of opportunity that has become increasingly scarce in Manhattan: expansive interior volume, significant private outdoor space, uninterrupted park and skyline views from all four exposures, and the ability to shape a residence entirely around your own way of living.

Spanning approximately 5, 000 square feet internally, the home presents an exceptional architectural foundation rather than a finished vision dictated by someone else's taste. Walls of windows draw Central Park deep into the interiors, while the scale naturally supports expansive entertaining rooms, a substantial primary suite with terrace access, formal dining, multiple secondary bedrooms, a home office, and generous walls suited for art and collection.

What makes the opportunity especially compelling is the permanence of the fundamentals. The residence could become a classically elegant Fifth Avenue home, a more contemporary architectural statement, or something quietly tailored between the two. Regardless of aesthetic direction, the defining qualities remain the same: light, scale, outdoor space, and direct positioning above Central Park, elements that cannot meaningfully be recreated today.

Located between 67th and 68th Streets along the Upper East Side's Gold Coast, 860 Fifth Avenue remains one of Fifth Avenue's most respected white-glove cooperatives. Designed by noted architect Sylvan Bien, whose work includes The Carlyle, and 737 Park Avenue, the building embodies the quiet confidence and enduring quality associated with New York's most established residential addresses.

Residents enjoy a highly private, owner-oriented environment with full white-glove service, attended elevators, concierge, fitness center, wine storage, landscaped courtyard garden, and on-site parking with preferred owner rates. Pieds-à-terre, co-purchasing, pets subject to approval, and secondary residence ownership are permitted, while the cooperative maintains an entirely owner-occupied structure with no renting or subletting allowed. 2% flip tax by incoming owner.

Few opportunities along Central Park combine this degree of scale, outdoor space, architectural flexibility, and long-term permanence. More than a finished apartment, this is the chance to create a Fifth Avenue residence that feels deeply personal from the beginning and enduring for decades to come.

Features

  • Town: New York
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Units: 153
  • Laundry: Building Other,Washer Hookup
  • Year Built: 1950
  • Cooling: Central Air
  • Basement: Other
  • HOA Fee: $18,324 Monthly
  • View: City Lights,City,Park/Greenbelt,Panoramic
  • Pet Policy: Building Yes,Yes
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20093794
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RLS20093794/8605thavenue_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 Brown Harris Stevens Residential Sales LLC   Phone: (212) 906-9234

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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:

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New York (Lenox Hill), NY, 10065

$15,995,000

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 $12,796,000 $12,796,000 $12,796,000
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 $71,654 $77,750 $107,118
Total Monthly Payment $71,779 $77,875 $107,243

* 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.