Spectacular Corner Fifth Avenue Residence Perched high above Central Park and The Metropolitan Museum of Art, this rarely available southwest corner residence at 1030 Fifth Avenue is a true gem. Originally 12 rooms and now thoughtfully reimagined into 9, the home offers a gracious layout, exceptional light, and breathtaking views A private elevator landing opens into an elegant entry vestibule, leading to a grand gallery that sets the tone for the residence. Straight ahead, three expansive, side-by-side entertaining rooms—the living room, formal dining room, and library—boast oversized windows framing stunning vistas of Central Park’s ever-changing landscape. Both the living and dining rooms feature wood-burning fireplaces, while the corner library enjoys unobstructed views of the Park and a glorious southern exposure with views of the city skyline and the iconic architecture of the Met. The private bedroom wing occupies the tranquil southern side of the apartment, enjoying abundant sunlight and privacy, thanks to the low-rise, landmarked mansion across the street. The master suite is generous in scale, offering extensive closet space and a spa-quality en-suite bathroom. Two additional bedrooms each have their own marble en-suite baths. The kitchen is vast and sunlit, with a welcoming dining area and top-of-the-line appliances. A large pantry and a full laundry room provide added convenience, along with a separate staff room and bath. This extraordinary residence is in excellent condition and includes a private storage room in the building’s cellar. Built in 1925 by esteemed architect J. E. R. Carpenter, 1030 Fifth Avenue is a prestigious limestone cooperative with just 16 residences. The building offers exceptional privacy, a newly renovated and architecturally significant lobby, full-time white-glove staff, and a dedicated resident manager. Financing up to 30% is permitted. A 2% flip tax is payable by the buyer. This is a co-exclusive with Brown Harris Stevens.
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$17,000,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $13,600,000 | $13,600,000 | $13,600,000 |
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% | 6.739% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $78,289 | $87,082 | $115,685 |
Total Monthly Payment | $78,414 | $87,207 | $115,810 |
* 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.