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870 Fifth Avenue, #8A

$4,895,000 | 3 beds, 3.5 baths
66 days on Market

Key Details

  • Listed: Feb 12, 2024
    Days on Market: 66
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 353 times
Monthly Maintenance: $5,407
Est. Monthly Mortgage: $16,729
Total Est. Monthly Carrying Cost: $22,136
Note: the above is based on a down payment of 50% ($2,447,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Additional Features: Washer/dryers are permitted in the unit, and generous storage is provided by cabinetry located under all windows. The building, built in 1949, has been well-maintained with recent upgrades including new elevators. Pets and pied-a-terres are allowed, and the building has an A energy rating.
  • Prime Location: This property is situated in a prestigious neighborhood on Fifth Avenue, close to Central Park. It's within walking distance to fine dining, Madison Avenue shopping, and luxury department stores.
  • Building Amenities: The full-service cooperative building offers a full-time doorman and concierge, a live-in resident manager, a gym, bike room, laundry room, and private storage. The building also features a beautiful Art Deco lobby with a private garden and roof deck offering expansive views.
  • Renovated Interiors: The unit has been newly renovated with high-quality materials and finishes, including new mechanicals, plumbing, and upgraded electric. Additional upgrades include solid wood doors, hardwood floors, recessed lighting, and custom window shades.
  • Spacious Layout: The apartment boasts a spacious floor plan with a flow of 57 feet from the living room to the dining room. It features large, sunny rooms with large double-paned windows offering stunning Central Park and tranquil townhouse garden views.
  • Modern Kitchen and Baths: The modern, east-facing chef’s kitchen comes with custom cabinetry, quartz countertops, marble backsplash and floors, and top-of-the-line appliances. The apartment also has three bedrooms, each with their own ensuite baths.

Description

At long last BACK ON THE AVENUE again. NEWLY STAGED LOOKING GORGEOUS. Stunning home with direct Central Park facing views in a most distinguished full-service cooperatives on Fifth Avenue. 870 has an elegant street entrance and a beautiful Art Deco lobby with a private garden and roof deck with expansive views.

Welcoming Doormen and a Concierge are all in line with the hallmarks of a respected, well managed Fifth Avenue Building. Renovated to perfection with all new Mechanicals, Plumbing and upgraded Electric. The owners used the highest specifications as would be expected in a home of this caliber.

WASHER/DRYERS NOW PERMITTED. This sunny home has year-round mesmerizing views through large new double paned windows. The expansive floor plan provides a flow of 57 feet from the Living Room with sweeping views of Central Park through to the Dining Room with its open East exposure of tranquil townhouse gardens.

A highlight of the home is the defined center foyer, with custom bookcases of sycamore and mahogany and deco moldings throughout . The large Primary Bedroom enjoys direct Central Park views, a walk-in closet, custom desk and bath ensuite. The Second and Third Bedrooms have open garden views East and their own ensuite baths.

The East facing windowed chef’s kitchen was given new life with custom two-tone cabinetry, quartz counter tops, marble backsplash and floors. It is outfitted with top of the line appliances; a Subzero refrigerator, Viking gas range with vented hood and a Bosch dishwasher. Further upgrades in the apartment include matching solid wood milled doors, hardwood floors, recessed lighting and custom window shades.

A surplus of cabinetry has been seamlessly located under all windows providing generous storage, making this a home of comfort and luxury. Rarely occupied and in xxx mint condition it is ready for you make it your home. Building Amenities include a live-in Resident Manager, 24-hour Doormen and Concierge, a beautiful Roof Garden, Gym, Bike Room, Laundry Room. Private Storage transfers with the apartment.

Pets allowed, Pied-a-Terre permitted, 3% Flip Tax by Purchaser. Building has an A energy rating Maintenance is before primary residence tax abatement. Assessment has been fully paid covering new elevators and the LL11 for the facade

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

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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