965 Fifth Avenue, #1B, New York (Upper East Side), NY, 10075 | $1,495,000

Introducing 1B at 965 Fifth Avenue - A rare & unique opportunity to configure a pre-war 2, 000 SF ground floor apartment directly facing Central Park to your specifications! A former doctor's office for many years, the unit is zoned residential and has been fully "white boxed" for a new owner to create their vision. Bring your architect and design the home of your dreams. With five windows facing Central Park, the current floorplan offers tons of flexibility to capitalize on the amazing views and open layout. Images shown are virtually staged to offer inspiration and the floor plan is representative of many other B-line residences. Flip tax is 2% of the purchase price, to be paid by the buyer.

965 Fifth Avenue is one of the finest white glove co-ops along eastern Central Park. Designed by famed architects Margon & Holder and Emery Roth, the building was constructed in 1938 and is comprised of 58 distinguished residences over 18 stories. Shareholders in this pet-friendly co-op enjoy a full-time staff, a fitness center and bicycle room, as well as peace and quiet thanks to having only two apartments per floor. The neighborhood offers endless opportunities to enjoy culture, fine dining, shopping, and sightseeing. Central Park, Metropolitan Museum of Art, Museum Mile, and the glorious boutiques of Fifth Avenue, countless restaurants, and some of the city's best schools are all at your fingertips.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 19
  • Amenities: Bike Room; Fitness Room; Laundry Room;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Year Built: 1941
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Time Doorman
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU5123260896
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/RPLU5123260896/965fifthavenue_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.
Listing courtesy of Douglas Elliman Real Estate - Park Plaza

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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965 Fifth Avenue, #1B, New York (Upper East Side), NY, 10075

$1,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,196,000 $1,196,000 $1,196,000
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 $6,791 $7,461 $10,012
Total Monthly Payment $6,916 $7,586 $10,137

* 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.