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Welcome to 1050 Fifth Avenue, Apartment 17D, an exquisite residence situated directly on Central Park’s most desirable corridor. This stunning 4-bedroom, 4. 5-bathroom apartment on the 17th floor offers breathtaking views of Central Park, centered on the Jacqueline Onassis reservoir. The views are further complemented by the George Washington Bridge, Metropolitan Museum, and Manhattan’s iconic skyline. Large windows flood the space with natural light from the East, West, and North. The home has been in the same family for over 50 years and offers a flexible floor plan that can be transformed to meet the needs of its new owner.
Enter the residence through the foyer, followed by the spacious gallery which flows into the grand living room. There you’ll find the apartment’s extraordinary private terrace. Adjacent to the living room sits the library, also overlooking Central Park. A large formal dining room sits opposite from the living space with expansive, bright, Eastern facing views. The windowed galley kitchen can easily be combined with the dining room or the adjacent fourth bedroom next door.
Three additional bedrooms encompass their own wing of the home. The luxurious Park-facing primary bedroom has a gracious wall of custom built-in closets, an ensuite marble bathroom, soaking tub, and large walk-in closet. The other two bedrooms within the wing have ensuite bathrooms, large closets, and serene, Eastern views. Additional features of the home include hardwood floors and in-unit laundry.
Residents of 1050 Fifth Avenue enjoy a full suite of amenities, including a 24-hour doorman, full-time porter, live-in Resident-Manager, fitness center, a spectacular roof deck with panoramic views of Manhattan, on-site laundry facilities (washer/dryers allowed in-unit), bike storage, and a parking garage. The building is pet-friendly, making it a great option for animal lovers.
Built in 1959 by Melvin D. Lipman and Bernard Spitzer, 1050 Fifth Avenue is an attractive postwar building located between 86th and 87th Street across from the Neue Galerie.
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Our Executive Mortgage Banker:
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$6,295,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $5,036,000 | $5,036,000 | $5,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,990 | $32,246 | $42,837 |
Total Monthly Payment | $29,115 | $32,371 | $42,962 |
* 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.