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870 Fifth Avenue, #7A

$3,395,000 | 2 beds, 4 baths
View Full Building Profile  | 
32 days on Market

Key Details

  • Listed: Apr 1, 2024
    Days on Market: 32
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $5,313
Est. Monthly Mortgage: $11,765
Total Est. Monthly Carrying Cost: $17,078
Note: the above is based on a down payment of 50% ($1,697,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This stunning property is located on 68th Street and Fifth Avenue, a prime location close to Central Park, Madison Avenue shopping, luxury department stores, and fine dining. It's also near The Frick Collection, world-renowned boutiques, and art galleries.
  • Spacious and Elegant Layout: The apartment boasts an expansive and optimal layout with a central foyer, grand living room, and dining room. It features two large bedrooms, a renovated kitchen, ample office space, and a washer/dryer. The property also includes 3.5 bathrooms, a powder room off the gallery, and many corner windows and terraces.
  • High-End Kitchen: The windowed chef’s kitchen is equipped with a Sub Zero fridge, Dacor oven, and vented gas range, perfect for those who love to cook.
  • Building Amenities and Services: The building offers a range of amenities including private storage in the basement, a gym, rooftop garden, central laundry, and bike room. Full-time staff includes a resident manager, doormen, porters, and handymen, with full-time doormen and concierge on staff.
  • Pet-Friendly and Pied-a-Terre Permitted: The building is pet-friendly and allows pied-a-terre, making it a flexible choice for various living arrangements.
  • Art Deco Design and Views: The property features a beautiful Art Deco lobby and private side street entrance. It offers stunning high floor views of Central Park from the public space and primary bedroom, and lovely eastern views of townhouse gardens from the remaining rooms.

Description

This elegant, well maintained, classic six-room home boasts stunning, high floor views of Central Park from the public space and primary bedroom, and lovely eastern views of townhouse gardens from the remaining rooms. In addition to the spectacular views and exposures, what makes this home so special is the expansive and optimal layout. A central foyer with custom bookshelves opens up to a grand living room and dining room, creating a 57-ft span of living/entertaining space that overlooks the park.

Two large bedrooms split off a landing, and a renovated kitchen, ample office and washer/dryer are located off a service hallway. There are 3.5 bathrooms, including a powder room perfectly placed off the gallery. Highlights include: - Approx. 2,000 +/- sq ft - Direct Central Park views - Sunny exposure and open views throughout - Windowed chef’s kitchen with a Sub Zero fridge, Dacor oven and vented gas range - Through-wall heating and cooling - Washer/dryer - Electric shades - Ample closet space and custom built-in storage Building Highlights: - Built in 1949 - Private side street entrance - Beautiful Art Deco lobby - Full-time staff including a resident manager, doormen, porters, and handymen - Private storage in the basement, gym, rooftop garden, central laundry and bike room - Prime location on 68th Street and Fifth Avenue - Pet-friendly and pied-a-terre permitted - 50% financing permitted - 3% flip tax - There is an assessment which will be done on or before July of 2024.

This assessment is in place for LL11 and elevator modernization.

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Listing Agent (Seller's Representative)

Listing courtesy of Sothebys International Realty

Pricing History

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About 870 Fifth Avenue

86

870 Fifth Avenue has received a CityRealty Rating of 86, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

26
Out of 44
+
30
Out of 36
+
21
Out of 39
+
9
=
86
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Garden
  • Health Club
  • Rooftop Terrace
  • Elevator

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Pros
  • Attended elevators
  • New gym
  • New rooftop sundeck
  • Many corner windows
  • Some terraces
  • Two blocks south of The Frick Collection
  • Close to many world-famous boutiques on Madison Avenue and art galleries
  • Doorman
  • Elegant street and entrance
  • Many fabulous Central Park views
  • Close to Subway
Cons
  • Considerable daytime traffic on avenue
  • Postwar construction
  • Conventional layouts
  • Many passing parades
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Subways

  1. 6
at Lexington Ave 0.27 miles
  1. F
at Lexington Ave and 63rd 0.38 miles
  1. N
  2. Q
  3. R
at 5th Ave and 60th 0.43 miles

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