870 Fifth Avenue, Apartment 16E is a high-floor 7 Room Co-op with 3 Bedrooms, 2.5 Baths and 2 Private Terraces with over 700sf of outdoor space combined.
The large south-facing living room is filled with light, has grand proportions, a decorative fireplace, and direct access to one of the two terraces, with views of Central Park. The master bedroom with en-suite bath and an entire wall of closets also has direct access to the terrace perfect for that outdoor respite.
Double-Windowed Eat-In Chefs kitchen, with service entrance, adjacent to the formal Dining Room is a perfect setup for entertaining.
Two additional bedrooms (one of which currently serves as a library) share a full bath and have an incredible amount of closet space. The homes configuration easily lends itself to multiple layouts and utility, with the Living Room, Dining Room, and every Bedroom having direct access to one of the two terraces. Finally - speaking of terraces the larger of the two is a dramatic 359 x 173 entertainers dream, with open city views to the south and east.
870 Fifth is an elegant Fifth Avenue Co-op with white glove service, full-time staff, beautiful roof deck, resident gym, and more. Convenience is a luxury. Call today to experience this phenomenal opportunity.
Manhattan’s Upper East Side extends from 59th St. to 96th St., east of Fifth Avenue and is known as one of the most prestigious neighborhoods in the city. The neighborhood consists of stylishly restored old mansions, luxury high rises, stately townhouses, and several of the best co-ops and condos in Manhattan. This district includes access to some of the finest public schools as well as elite private schools like The Dalton School and The Brearley School. Central Park is a quick westward stroll away. Art lovers will find that they can walk to their favorite museums, namely The Metropolitan, The Guggenheim, The Frick, and The Whitney. They can also visit the famous auction houses of Christie’s and Sotheby’s. Posh boutiques and upscale intimate restaurants enhance the area’s elegance.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more