Penthouse 80 is the pinnacle of cosmopolitan living: the highest condominium on the world's most famous avenue. From this incomparable vantage point, 880 feet in the air, stunning panoramic views stretch in every direction showcasing Central Park, Bryant Park, the Empire State Building, the Chrysler Building, the Hudson and East Rivers, and all of Downtown Manhattan. This one-of-a-kind trophy residence, designed by Charles & Co. , offers two bedrooms, two bathrooms, and a powder room, spanning an impressive 2, 562 SF of interior space.
Crafted with the finest materials, this penthouse features ceilings of nearly 13 ft, 7" wide-plank white oak floors, and a four-pipe HVAC system that ensures year-round comfort. 520 Fifth Avenue, designed by the renowned Kohn Pedersen Fox, boasts a timeless terracotta facade with monumental 10' x 10' arched windows and cascading terraces. The building anticipates LEED Gold, WELL, and WiredScore certifications to offer the highest levels of sustainability and technological innovation for living well.
Direct elevator entry to an expansive 31-ft entry gallery leads to the gracious corner great room, with sun-filled south and east exposures, and sweeping views of Lower Manhattan, including the Chrysler Building and the East River. This sophisticated space offers ample room for both dining and entertaining, providing the perfect backdrop for hosting or relaxing in style.
The custom Charles & Co eat-in chef's kitchen features honed Taj Mahal quartzite countertops, a reeded walnut island, and bespoke white lacquer and walnut cabinetry. Dual Miele dishwashers, refrigerator, wall oven, speed oven, and a chef-quality Italian Ilve gas range complete this culinary haven, designed for both beauty and functionality.
The primary suite is an oasis of tranquility, offering triple exposures-south, west, and north-that frame breathtaking views of the Hudson River, Central Park, and the towers of Billionaire's Row. The luxurious, windowed five-fixture bath is adorned with Calacatta Golden Lincoln and Verde Laguna marble, a freestanding Waterworks cast iron bathtub, and a rain shower-all complemented by Waterworks polished nickel fixtures. The suite also includes a vast walk-in closet.
The secondary bedroom, with bright south exposures, includes an ensuite bath featuring custom lacquer cabinetry, Carrara marble tile, and polished nickel fixtures. The powder room, located just off the entry gallery, features a custom Saint Laurent marble vanity and a textured glass light fixture, offering a touch of elegance at every turn.
The Penthouse 88 Amenity Suite at 520 Fifth Avenue offers a unique collection of spaces designed for relaxation, work, and socializing. The Solarium, a three-sided glass-enclosed room with a skylight and spectacular planters, is a peaceful retreat for moments of reflection. The Reading Room, Lounge with marble fireplace, and Private Dining Room with custom mural wall coverings elevate the art of entertaining. The Game Room, complete with vintage billiards, adds a playful touch to this exceptional suite.
Exclusivity extends to Moss, the new private members club located at the building's base.
Exclusive Marketing and Sales Agent: Corcoran Sunshine Marketing Group. The complete terms are in an Offering Plan available from the Sponsor, 520 Owner 2 LLC, C/O Rabina Properties, LLC, 505 Fifth Avenue, 27th Floor, NY, NY 10017 under File No. CD 23-0148. Property Address: 520 Fifth Avenue, NY, NY 10036. Equal Housing Opportunity.
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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 | $9,200,000 | $9,200,000 | $9,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,517 | $55,900 | $75,783 |
Total Monthly Payment | $51,642 | $56,025 | $75,908 |
* 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.