A testament to exquisite design, this expansive duplex is the result of seamlessly merging two units on the 14th and 15th floors. Encompassing an impressive 3, 500 SF+/-, the residence boasts five bedrooms, five and a half bathrooms, modern amenities, and awe-inspiring triple exposures that frame panoramic views to Midtowns iconic Empire State Building.
With its grand scale, meticulous design, and prime location, along with services that go unmatched, this exceptional residence represents a unique opportunity that cannot be recreated.
Constructed in 1929, 40 Fifth Avenue stands as a Neo-Georgian Landmark Building within the Greenwich Village Historic District. Situated on the coveted South West Corner of Fifth Avenue and 11th Street, this pre-war co-op boasts a prime location on a tranquil, tree-lined street, offering proximity to a variety of amenities including shopping, dining, parks, cafes, and more.
The building offers an array of upscale amenities, including dedicated doormen, round-the-clock lobby attendants, elevator operators, a live-in superintendent, and serene private gardens.
No detail has been overlooked in this meticulously adorned residence, which offers radiant heated bathroom floors, two wood-burning fireplaces (with an option for a third), herringbone floors, multi-zoned, ducted central air-conditioning, and a sound system with in-ceiling speakers, complemented by exquisite Merit hand-crafted hardware throughout.
The lower level presents an open living room area with a wood-burning fireplace and bar that flows into a beautiful chef's kitchen. Additionally this level offers a versatile layout, including an en-suite bedroom that can be readily converted into an expansive dining room.
A spiral staircase leads to the upper level living room, accessible by elevator as well. The primary bedroom includes an elegantly designed en-suite bathroom and walk-in closet. The level is completed by a den with fireplace, 3 guest bedrooms, 2 of which are en-suite and laundry room.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $10,396,000 | $10,396,000 | $10,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $59,027 | $64,858 | $87,027 |
Total Monthly Payment | $59,152 | $64,983 | $87,152 |
* 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.