This elegant XXX-Mint gut renovated two-bedroom residence is on the 11th floor at at 40 5th Avenue, arguably the most distinguished building on Greenwich Village’s Gold Coast. With just 2 apartments per floor, privacy and exclusivity are preserved. 11B has 9’ beamed ceilings, a wood burning fireplace, stunning natural light with beautiful north, south and east views. Additional features include herringbone floors, custom lighting, 3 zone central HVAC system, abundant closet and storage space and a large storage room in the basement. 40 5th Ave has 24/7 white glove service that includes a doorman, elevator operator, porters and live in super. These are just a few features of this extraordinary home and building.
The formal entry foyer with Italian marble inlay floors gracefully separates the living room in one direction and the formal dining room and kitchen in the other. The gracious living room is bathed in beautiful natural light with the oversized north facing windows offering stunning open city views highlighted by the breathtaking First Presbyterian Church Spires and lower Fifth Ave…it is a chic sanctuary. The formal dining room is both stylish and graceful. It features a southern exposure, custom millwork and smartly concealed 7’ tall SubZero wine storage. It is the perfect place for grand scale entertaining or cozy & quiet family time and meals. Directly off of the dining room is the windowed Chef’s kitchen which is classically designed with quartzite polished countertops, a farm sink, custom cabinetry and SubZero, Miele and Viking appliances.
On the other side of the home is the bedroom wing. The primary suite has north and east exposures with brilliant light and open views, a walk-in closet and en-suite windowed bathroom featuring Greek marble, oversized shower and radiant heated floors. The second bedroom has oversized east facing windows with beautiful light and views, a windowed en-suite bath with Italian Marble and radiant heated floors. It also features a walk-in closet, custom built bookshelves and custom lighting
There is plumbing in place for a W/D to be installed in the kitchen closet as well as a large laundry room in the building’s basement.
40 Fifth Avenue is one of the finest pre-war cooperatives on lower Fifth Avenue’s Gold Coast. The stately 1929 Neo-Georgian building is situated within the Greenwich Village Historic District amongst tree-lined streets and townhomes. The co-operative prides itself on providing its residents with the highest level white glove service. Lastly, there is a beautiful common garden, the co-op permits pets and 50 percent financing
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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 | $2,796,000 | $2,796,000 | $2,796,000 |
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 | $16,095 | $17,673 | $23,594 |
Total Monthly Payment | $16,220 | $17,798 | $23,719 |
* 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.