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1270 5th Ave Unit 11M, New York City, NY, 10029

$775,000

Home List Price

$9,203*

Closing Credit

2 Bedrooms
1 Full Bath
Condo

Location

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1270 5th Ave Unit 11M, New York$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1959
ViewPark
MLS #RPLU-5123261834
StatusActive

About 1270 5th Ave Unit 11M

<p>That is correct, for just $775,000, you can purchase an 11th floor updated two bedroom apartment on 5th Avenue with a partial park view, East and South exposures and outstanding natural light in a full service building with the low maintenance of just $1,544 a month. </p> <p>When the current owners purchased unit 11M, it was an estate sale. They envisioned a home that would both accommodate the needs of a growing family while simultaneously serving as a comfortable and stylish place to host family, friends and clients. With help from friend and notable architect Christian Wassmann, this is exactly what was accomplished. </p> <p>Just past the entry foyer, boasting two large built-in closets, is the common room. This area is comprised of a dining and living area that seamlessly flow into each other with a downtown loft-like sensibility. The far end of this room has a wall of windows that capture blue sky and amazing light all day long--not to mention a gracious side view of Central Park. To take full advantage of the park exposure, two mirrors have been strategically placed to flank the window to bring park greenery as well as sunrises and sunsets directly into this home. </p> <p>The windowed kitchen is outfitted with high-end Miele and Bloomberg appliances. The counters are honed Carrara accented with a stainless steel backsplash. With the physical size limitations of the kitchen, the owners carefully considered the placement of the storage, appliances and sink to create maximum flow for those who enjoy cooking. </p> <p>The bright South facing primary bedroom has two generous closets and can easily accommodate a king bed. This room also has stylish built-in book shelves and a desk that faces the window. The smaller second bedroom has East and South facing windows, a built-in closet and could also serve as an ideal home office. </p> <p>When renovating, the owners updated the electric and put in light grey engineered wood flooring throughout. Every room has low built-in bookshelves that mirror the light grey floors. The bathroom is admittedly original, but in good shape. This home feels hip, cheerful and is ready for it's next chapter. </p> <p>With Central Park's prized conservatory garden within steps of the front door, not to mention the ongoing transformation of the Lasker Rink and Pool site on the Harlem Meer-one of the most significant projects ever undertaken by the Central Park Conservancy, residents of 1270 Fifth avenue can truly claim one of the most magnificent parts of the park as their own front yard. This pet friendly COOP is fully staffed including a 24 hour attended lobby, live in super and live-in porters. There is large laundry room, a storage space THAT TRANSFERS WITH THE APARTMENT!!!, a bike room and an attached garage. There are new elevators and a recently renovated lobby. Pied-a-terre, and gifting is allowed. Sublets are permitted with board approval after two years of ownership. Flip tax is $25 a share paid by seller and 80% financing is allowed. Purchaser income to debt should not exceed 33%. This offering is a wonderful opportunity for anybody looking for a great 2 bedroom home--amazing price is just an added bonus.</p>

Property Details

Property Features

Property Information:

  • Year Built: 1959

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Sam Sullivan
  • Agent Phone: (917) 744-8304

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000

HOA Fees:

  • Amount: $1544
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

1270 5th Ave Unit 11M vs New York

1 DAY ON ROCKET

-83 Days

$775,000

-$81.1K Less

KEY TAKEAWAY

This property is $81.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-5123261834

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (212) 891-7000
  • Listing Agent: Sam Sullivan
  • Agent Phone: (917) 744-8304

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/14/2024, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,479

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-209153
3
/10
  • Central Park East I

  • 1573 Madison Ave

  • 0.14 miles

  • Public District Grades PK-5

school-card-donut-209154
3
/10
  • P.S. 185 The Early Childhood Discovery and Design Magnet School

  • 20 W 112th St

  • 0.19 miles

  • Public Magnet Grades KG-2

school-card-donut-209155
6
/10
  • Harlem Link Charter School

  • 21 W 111th St St-Rm 357

  • 0.20 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,473. The majority of New York, NY residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1270 5th Ave Unit 11M

What is the listing price of this property?

The listing price of 1270 5th Ave Unit 11M property is $775,000.

What type of property is this?

The property 1270 5th Ave Unit 11M is a condo located in New York City, New York, 10029.

Is this property for sale now?

Active Listing: 1270 5th Ave Unit 11M is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1270 5th Ave Unit 11M has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1270 5th Ave Unit 11M is 1959.

Rocket HomesNew YorkNew York100291270 5th Ave Unit 11M

This home is located at 1270 5th Ave Unit 11M in New York City, NY and zip code 10029 in the East Harlem neighborhood. This home was built in 1959. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $775,000.

New York, NY housing market in October 2024 saw over 269 listings sold above listed price, more than 850 sold at listed price and over 833 sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.

From Rocket Homes Real Estate and based on county public records data.

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