50 FEET OF FRONTAGE on Fifth Avenue and six huge picture windows LOOKING OVER CENTRAL PARK! This spectacular high floor 3 bedroom apartment in excellent condition at 1165 Fifth Avenue will take your breath away.
It has been a decade since a Park facing HIGH FLOOR A-line has been available for sale at 1165 Fifth Avenue so this apartment offers unique opportunity for that distinct buyer who wants breathtaking views, striking sunsets, and sunlight from every room. Famed architect J. E. R. Carpenter designed this classic cooperative in the heart of Carnegie Hill, a premier
residential neighborhood embracing the Park, the reservoir, playing fields and playgrounds, many schools and Museum Mile. This apartment exhibits Carpenter's signature style: grand scale entertaining rooms, high ceilings, gorgeous wood floors, generous closet space, and a flexible floorplan to fit any buyer's needs. Originally an 8 room floorplan, the current floorplan has the third bedroom incorporated into the double living room. One could easily reconfigure it back into a 3-4 bedroom layout.
From the semi-private elevator vestibule one enters into the 22 foot long gallery, off which every major room emanates. The sun-flooded double living room (nearly 26 feet wide) with its enormous windows immediately draws you in. The living room features a high-beamed ceiling and a wood-burning fireplace. The formal dining room faces South with views of the midtown skyline. The corner primary bedroom and the second bedroom, each with their own bath ensuite are located off their own bedroom hallway. Wake up with the lush greenery from Central Park, a view almost directly across from the Eldorado, or perhaps spot a hawk soaring by. . .
Off the gallery, adjacent to the formal dining room is the Butler's pantry, replete with cabinets and wine storage, and a large eat-in kitchen with two large East-facing windows. The kitchen has stainless steel appliances, a Sub-Zero refrigerator, and a washer dryer. To complete the apartment there is the staff room/bedroom/home office located off the kitchen and a powder room. This bedroom has tremendous southern views and exposure. The apartment has plentiful closets, lovely original refinished wood floors,
through wall air conditioning, and dedicated storage space.
Built in 1926, 1165 Fifth Avenue is one of Carnegie Hill's most coveted white glove prewar cooperatives on Fifth Avenue, offering a 24-hour doorman, a concierge, a live-in resident manager, a gym, a central laundry room, storage and a bicycle room. Pets and pied-a-terres are welcome. There is a 2% flip tax paid by the buyer and 50% financing is allowed.
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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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,398 | $20,201 | $26,970 |
Total Monthly Payment | $18,523 | $20,326 | $27,095 |
* 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.