785 Fifth Avenue, #12AB, New York (Upper East Side), NY, 10022 | $16,995,000

This rare offering of approx. 5, 500 sq ft boasts 100 feet of dazzling, high floor views of prime Central Park, including The Pond, Hallett Nature Sanctuary, and Wollman Skating Rink in the foreground. Ideally located in the sought-after environs of East 60th Street and Fifth Avenue, this 12th floor corner home clears the treetops and truly perfects the art of the Central Park view, offering perhaps the best view that New York City has to offer, from almost every room in this spectacular home. An impressive and grand expanse of living space offers a myriad of layout options for living and entertaining space. Stunning Park views stretch across the public rooms as well as the bedrooms, with breathtaking corner exposure over Central Park in the primary bedroom. An immense eat-in chef's kitchen includes state-of-the-art appliances and new cabinetry throughout. Well-maintained and recently updated with new floors, this unique space is ready to become your one-of-a-kind dream home that wants for nothing. Parc V is an elegant, full-service, white-glove cooperative where residents enjoy the highest level of service, security, and discretion. Clad in limestone and designed in 1963 by premier architect, Emery Roth, the lobby and fitness center have recently been renovated to rival the most elegant in the City. There is private storage and an on-site garage. Situated between The Sherry Netherland and The Pierre, in the most prestigious enclave of Manhattan, this prize location is just steps from New York's most coveted retail boutiques and restaurants: next to Cipriani, across from The Metropolitan Club and adjacent to Bergdorf Goodman. And a short walk across Central Park takes you to the Time Warner Center and Lincoln Center. 50% financing is allowed, and pieds-à-terre are permitted. There is a 2. 5% flip tax. No pets please.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 18
  • Amenities: Garage; Fitness Room; Laundry Room; Private Storage;
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: InUnit,OnCommonFloor
  • Complex: Park V
  • Year Built: 1963
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Attended Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH7753435
  • Days on Market: 40 days
  • Website: https://www.raveis.com
    /prop/PRCH7753435/785fifthavenue_newyork_ny?source=qrflyer
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.

William Raveis Family of Services

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Alliance TeamSales Associates

203.537.5288

alliancerealtygroup@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Nico SharpVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 337556

424.356.4321

Nico.Sharp@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

785 Fifth Avenue, #12AB, New York (Upper East Side), NY, 10022

$16,995,000

Alliance Team

Sales Associates

William Raveis Real Estate

Phone: 203.537.5288

alliancerealtygroup@raveis.com

Nico Sharp

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 424.356.4321

Nico.Sharp@raveis.com

NMLS Mortgage Loan Originator ID 337556

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $13,596,000 $13,596,000 $13,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $82,611 $89,316 $118,436
Total Monthly Payment $82,736 $89,441 $118,561

* 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.