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In Contract

870 Fifth Avenue, #8A

$3,780,000 | 3 beds, 3.5 baths
Building Profile  | 
164 days on Market

Key Details

  • Listed: Jun 12, 2024
    Last Price Change: ($415,000) on Jul 8
    Days on Market: 164
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 523 times
Monthly Maintenance: $5,407
Est. Monthly Mortgage: $12,612
Total Est. Monthly Carrying Cost: $18,019
Note: the above is based on a down payment of 50% ($1,890,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Stunning Central Park Views: Enjoy treetop views of Central Park from the generously sized primary bedroom, creating a serene urban retreat.
  • Elegant Modern Renovation: This turn-key apartment features a meticulous renovation with exquisite design elements, blending modern luxury with Mid-Century details.
  • Expansive Entertaining Space: A remarkable 57-foot living and dining area, connected by a custom Art Deco-inspired gallery, perfect for sophisticated gatherings.
  • Full-Service Cooperative Amenities: Enjoy 24-hour doorman service, concierge, and a range of amenities including a landscaped roof terrace and health club.
  • Pet-Friendly and Pied-a-Terre Welcome: This luxury building accommodates pets and allows pied-a-terre ownership, catering to the needs of discerning buyers.
  • High-End Kitchen Appliances: The bright, windowed kitchen boasts top-of-the-line appliances including Subzero and Viking, paired with stunning high gloss cabinetry.

Description

With treetop Central Park and open city views and an unrivaled Fifth Avenue location, Apartment 8A at white-glove cooperative 870 Fifth Avenue is a turn-key, bright and elegant three-bedroom property, featuring a meticulous modern renovation with Mid-Century details. Filled with exquisite design features, the living and dining rooms are connected by a custom, Art Deco-inspired sycamore and mahogany-lined book gallery, creating a superb 57-foot space for entertaining that runs the entire length of the apartment from East to West.

The generously sized primary bedroom, with soothing West-facing Central Park exposures, fits a king-sized bed with room enough for a seating area and built-in desk. Custom closets and a stylish mosaic tiled bathroom with an oversized sink basin and Robern double medicine cabinet complete the primary suite.

The second bedroom with ensuite, full bathroom, is equally spacious with lovely townhouse garden views and Eastern light.

The bright, windowed kitchen is a paradigm of modern simplicity and style - stunning bright blue high gloss cabinets pair with milk white Caesar stone counters, marble backsplash, and concealed cabinetry. Custom designed with great quality, the high-end appliances - Subzero Refrigerator/Freezer, Bosch dishwasher, Viking four-burner gas stove with oven and vented exhaust system - are all current. The third bedroom with full ensuite bathroom is ideally sized for staff, home office, or breakfast room use.

A washer/dryer may be installed with application to the Board. The apartment features a powder room, updated double-paned casement windows, individual HVAC units with custom-built enclosures with storage, matching solid milled wood doors, recessed lighting, upgraded electricity, skim coated walls and polished hardwood floors. Various open plan options to create open flow between kitchen and dining room are possible with Board approval.


870 Fifth Avenue is a full-service, 21-story cooperative built in 1949 by William I. Hohauser.

The attractive cream-colored brick building features an exceptionally beautiful half-round lobby decorated in the neo-Art Deco style of the late 1940’s, overlooking a divine internal garden courtyard. The building is expertly staffed with round-the-clock services- 24-hour doorman, concierge, porters and a live-in superintendent. It is pet-friendly and welcomes pied-a-terres.

Features include a landscaped roof terrace, gym, bike room, laundry room, and private storage (included). 50% financing is permitted, and there is a 3% flip tax paid by the buyer. Assessments have been paid to cover recently completed Local Law 11 and new elevators.


With the most iconic park in the world at your doorstep, this prime East-60’s location is just one block south of the recently restored and expanded Frick Museum and near The Metropolitan Museum of Art and the other world class museums, cultural institutions, art galleries, and the new Sotheby’s Auction House.

The property is also near the very finest Michelin-starred restaurants, Sant Ambroeus, Cafe Carlyle, Bemelmans Bar, as well as Ralph Lauren, Prada, and many other Madison Avenue designer shops, boutiques, and The Bergdorf Goodman Department Store. Convenient to M4 Fifth Avenue bus and Subways 4,5,6 and Q.

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Listing courtesy of Corcoran Group

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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