With 50' of Park Avenue frontage and spanning several thousand square feet, Apartment 5N is truly palatial in scale and layout. The gracious entrance foyer opens into the combined living room/study creating a grand entertaining space. The French paneling, decorative fireplace, high ceilings, and hard wood floors are enhanced by the Eastern light from the oversized windows. The corner dining room is clad in antique boiserie paneling. Currently configured as 4 bedrooms, 3.5 bathrooms, 2 staff rooms, and large windowed kitchen; there is the opportunity to reimagine the private area of this spacious home to suit a 21st century lifestyle. Any renovation will only enhance the wonderful room proportions, traditional architecture, and prewar aesthetics of this grand home.<br><br>970 Park Avenue is an elegant prewar cooperative designed by Schwartz & Gross, one of the architects whose numerous apartment houses helped shape the face of the Upper East Side. This Greek Revival style 1920's building features a full-time doorman, canopied entrance, fitness room, and professional resident manager. 75% financing is permitted and there is a 2% flip tax. Pets are welcome and a large storage unit transfers with the sale of the apartment.
Property Details
Property Features
Property Information:
Year Built: 1912
Listing Office:
Office Name: Brown Harris Stevens Residential Sales LLC
Office Phone: (212) 906-9234
Listing Agent: William Eichman
Agent Phone: (917) 741-9046
Interior Features
Interior Information:
Basement: No
Interior: Separate/Formal Dining Room
Fireplace: Decorative
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 5
Exterior Features
Exterior Information:
View: City Lights, City
Exterior: None
Utilities
Utilities Information:
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $5,950,000
HOA Fees:
Amount: $9312
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
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: 10/30/2024, 5:20:50 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$39K
Per Month
Principal & Interest
$29.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$9,312
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.9K
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
PS 6 Lillie D Blake
45 E 81st St
Distance between this listing and this school0.08 miles
Public District Grades KG-5
10
/10
PS 290 Manhattan New School
311 E 82nd St
Distance between this listing and this school0.39 miles
Public District Grades KG-5
9
/10
PS 527 East Side School For Social Action
323 E 91st St
Distance between this listing and this school0.61 miles
Public District Grades KG-1
Nearby Schools
9
/10
Jr High School 167 Robert F Wagner
220 E 76th St
Distance between this listing and this school0.44 miles
Public District Grades 6-8
9
/10
East Side Middle School
331 E 91st St
Distance between this listing and this school0.63 miles
Public District Grades 6-8
9
/10
Ella Baker School
317 E 67th St
Distance between this listing and this school0.89 miles
Public District Grades PK-8
Nearby Schools
10
/10
Eleanor Roosevelt High School
411 E 76th St
Distance between this listing and this school0.63 miles
Public District Grades 9-12
3
/10
Life Sciences Secondary School
320 E 96th St
Distance between this listing and this school0.77 miles
Public District Grades 6-12
2
/10
Urban Academy Laboratory High School
317 E 67th St
Distance between this listing and this school0.89 miles
The neighbors living near this home have an average income of $531,708. The most common annual income of people living in New York, NY is $200k+. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 970 Park Ave Unit 5N
What is the listing price of this property?
The listing price of 970 Park Ave Unit 5N property is $5,950,000.
What type of property is this?
The property 970 Park Ave Unit 5N is a condo located in New York City, New York, 10028.
Is this property for sale now?
Active Listing: 970 Park Ave Unit 5N is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 970 Park Ave Unit 5N has 5 bedrooms and 3 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 970 Park Ave Unit 5N is 1912.
Interested in 970 Park Ave Unit 5N? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 970 Park Ave Unit 5N in New York City, NY and zip code 10028 in the Upper East Side neighborhood. This home was built in 1912. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $5,950,000.
In September 2024 more than 238 listings in New York, NY were sold above the asking price. During the same period more than 765 listings were sold at asking price, while more than 851 were sold below. Between August 2024 and September 2024, New York, NY real estate market has seen increase in the number of listings by 3%. In September 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $853,828.
From Rocket Homes Real Estate and based on county public records data.