At the Nexus of New York, an Architectural Scion is Reborn. Experience the pinnacle of Downtown luxury in the extraordinary Penthouse at 170 Fifth Avenue. Crowned by an iconic golden dome cupola, the Sohmer Piano Building is Architect, Robert Maynicke’s most extravagant work on this stretch of Fifth Avenue—a veritable Renaissance rocket ship soaring up from its double-story rusticated piers to an octagonal spire, shaping the city’s inimitable skyline. This discreet penthouse, adjacent to the Flatiron building, has been completely renovated, blending true old-world charm with a twist of new development. The entire roof deck is deeded privately, offering a space to marvel at the city. Spanning over 5000 sqft, the residence features an open-concept design with soaring ceilings and windows that frame breathtaking views of the city skyline. The standout feature is the golden dome cupola—a private sanctuary that offers panoramic, 360-degree views of New York City, including landmarks like the Empire State Building, the Flatiron Building and Madison Square Park. Inside, the penthouse boasts a gracious eat-in- kitchen with all the premium appliances, expansive living and dining areas that flow effortlessly, and a private rooftop space perfect for al fresco dining with the city as your backdrop. There are two grand foyers connected by a circular baronial limestone staircase and framed by more than 40 oversized windows. An 80-foot expanse of greenhouse-style set of windows on the upper level reveals an abundance of natural light and stunning views of Manhattan landmarks. The corner primary suite offers a luxurious private retreat, featuring three directions of exposure, 35+ linear feet of closet space, leading to a spa-like bathroom with a Waterworks soaking tub. The additional three bedrooms provide flexibility for a home office or guest accommodations, all designed with the same attention to detail, views, and discerning consideration for a luxury lifestyle. Owning this penthouse is not just about living in one of Manhattan’s finest residences—it’s about living in a piece of New York history.
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.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 | $20,000,000 | $20,000,000 | $20,000,000 |
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 | $113,558 | $124,774 | $167,424 |
Total Monthly Payment | $113,683 | $124,899 | $167,549 |
* 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.