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870 Fifth Avenue #18C
Coop in Lenox Hill •  building info
3bd • 3.5ba • 2,400ft² $1,165 per ft²
List Price

$2,795,000

Key Details
Days on market
157
Last price change
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Estimated payment
$15,948
Monthly taxes
N/A
Monthly maintenance
$7,115
Description
Experience stately living and timeless grandeur at 870 Fifth Avenue with this magnificent, sprawling three bedroom, three and a half bath apartment on the Gold Coast of Fifth Avenue. Perched like an aerie high above on the 18th floor of a gracious white glove building, this residence boasts an elegance and grace that stands in stark contrast to todays cramped cookie-cutter apartments. Enter into a large and gracious gallery ideal for displaying your priceless art, and which leads directly into the massive corner living room featuring a decorative fireplace, and sweeping vistas of the southern and eastern skylines and drowning in sunlight. The oversized formal dining room, featuring eastern and northern exposures, helps make this home ideal for those who relish being gracious hosts. The dining room leads to a third bedroom/study, complete with original wood-paneling and its own private en suite bath. Whether you wish to retire to the great room for group entertaining or repair to the study for a quiet brandy, this home suits every entertainers whim and need. The bedroom wing features a split layout with unparalleled size, grandeur, and closet space, and each of the two massive bedrooms suites feature en suite baths and their own access points to the balcony that runs the entire length of the grand apartment. The primary suite also features direct access to the terrace, large enough for a seating area, and featuring amazing views of Central Park to the south and west. Storage abounds with numerous closets, multiple walk-in closets, and additionally a large storage unit trades with the sale. A guests powder room in the gallery, and the ability to add W/D round out the space. The option to restore this home to its original grandeur, or completely transform it to your more modern aesthetic make this the perfect opportunity for those wishing to paint their vision on a truly spectacular canvas. Built in 1949, 870 Fifth Avenue is one of the premier, white-glove buildings on the Gold Coast of Fifth Avenue, and is the epitome of sophisticated Upper East Side living. Shareholders enjoy the gracious staff, full-time doorman and concierge service, live-in super, a magnificent Art Deco lobby with a private garden, crowning roof deck with sweeping panoramic views, a renovated and well-appointed gym, renovated laundry room, bike room, and dedicated storage for every unit. Pets are allowed, Pied-a-Terre purchases are permitted, the building allows up to 50% financing, and a 3% Flip Tax is paid by the Purchaser. The prime location does not get any better with the most elegant shops and charming cafes which line Madison Avenue. The 5th Avenue Express and Local bus are right across the street, as well as the 66th Street crosstown bus direct to Lincoln Center. The closest subway is the 6 Train on 68th Street and Lexington.The proximity to Central Park, the most famous Museums, elegant restaurants and the legendary Madison Avenue shopping make this location one of the finest of New York City. Please note that there is a monthly assessment of $2024.92 through January 2024.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Park View
Dishwasher
Building Amenities
Bike Room
Concierge
Gym
Live In Super
Fios Available
Storage Available
Laundry in Building
Outdoor Space
Balcony
Terrace
Roof Deck
Coop Rules
Co-purchase Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$2,795,000
Asking Price: $2,795,000
Term
30 Years
Down Payment
$1,397,000 (50%)
Min: 50% (1,397,000)
Rate
6.5 %
Mortgage Amount
$1,397,500
Mortgage Payment
$8,833
Maintenance
$7,115
Estimated closing cost
$42,000
Total monthly cost $15,948
Listing Courtesy of The Agency Brokerage

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