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$4,421,250
List Price: $4,500,000
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1485 Fifth Avenue #26D

Condo in South Harlem •  building info
4bd • 2.5ba • 2,890ft² $1,557 per ft²
Buy with Yoreevo

$4,421,250

List Price

$4,500,000

Key Details
Days on market
17
Last price change
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Estimated payment
$29,129/mo
Taxes
$30/mo
Common charges
$3,500/mo
Description
OPEN HOUSES ARE BY APPOINTMENT ONLY. ADVANCE SCHEDULING REQUIRED Searching for the perfect large luxury apartment with nearly 3,000 square feet, more than 200 square feet of private outdoor space and unobstructed views of Central Park, the Manhattan skyline, sunrises and sunsets? You may want to expand your search. Perched on the 26th floor of Fifth on the Park, Unit 26D offers approximately 2,890 square feet, 245 square feet of private balcony space, floor-to-ceiling windows and unobstructed 270-degree views across east, west and south exposures, encompassing Central Park, the Manhattan skyline and open sky. The current owners selected 26D for its exceptional proportions, open layout and dramatic outlook. They then worked closely with their architect and contractors on an extensive gut renovation, rebuilding the apartment to their specifications. The result is a highly customized home with sophisticated finishes, integrated technology and thoughtful architectural details. The expansive living and dining areas flow from east to west, surrounded by windows and opening directly onto the balcony through two doors. Custom-designed planters provide the opportunity to create an elevated garden. Two original concrete columns were uncovered, cleaned and polished, while a custom window seat with built-in storage occupies the southwest corner. At the heart of the home is a chef-quality kitchen designed for serious cooking and entertaining. An approximately 18-foot island provides exceptional preparation and gathering room and incorporates a wine refrigerator and two dishwashers. Custom cabinetry, a Sub-Zero refrigerator, GE Monogram gas double oven and grill, and an enclosed walk-in pantry complete the kitchen. The pantry houses a large EuroCave wine refrigerator that the owners are willing to leave without representation or guarantee. The flexible configuration currently provides three bedrooms, with the original fourth bedroom incorporated into the primary suite to create an expansive walk-in dressing room with substantial closet capacity and a separate windowed alcove currently used as a home office. It can be converted back to a fourth bedroom if desired. The primary suite also includes additional storage and a renovated bathroom with a large walk-in shower and accessibility features. Two additional bedrooms are generously proportioned with excellent natural light and ample closets. A second full bathroom with a tub serves these bedrooms, while a separate powder room provides additional convenience for guests. The original engineered flooring was removed and replaced with a new subfloor and white oak hardwood finished in a pale grey stain. Custom washi paper panels created by a Japanese artist enhance selected closet and bathroom doors, adding another distinctive design element. The home is equally impressive behind the scenes, with sophisticated smart-home, climate and audio infrastructure integrated into the apartment as part of the renovation. Lutron solar shades and lighting are installed throughout and can be operated from wall controls or compatible smartphones and tablets, with blackout shades in the bedrooms. Five HVAC wall units, three serving the living and dining areas and two serving the bedrooms, are individually programmed through the extensive Savant smart-home system, which also controls lighting, shades and fans. Recessed wiring throughout the residence supports high-quality integrated audio. For buyers who value premium home audio, the owners also intend to make a collection of high-end audio equipment available with the apartment as part of an acceptable sale, including four large Linn Akurate 212 speakers, additional smaller Linn speakers and three NAD M10 integrated amplifiers. Together with the Savant smart-home system and extensive concealed wiring, the equipment creates a sophisticated, integrated A/V environment without exposed wiring or the disruption and expense of installing an entirely new infrastructure. Certain removable components may otherwise be retained by the sellers. The owners can also introduce the purchaser to Innovative Audio, an A/V company familiar with the apartment and its systems. For someone in music, film, television or another entertainment field, or simply a buyer who values high-quality sound and integrated home technology, the apartment offers an unusually comprehensive A/V infrastructure integrated directly into the residence. Additional conveniences include abundant storage and an in-unit washer and dryer. Fifth on the Park at 1485 Fifth Avenue is a full-service luxury condominium offering an extensive collection of amenities. Residents enjoy a 24-hour attended lobby with doorman and concierge, three elevators, a 55-foot heated indoor lap pool with adjacent sundeck, state-of-the-art fitness center, playroom, residents' lounge with catering kitchen, landscaped outdoor terraces with grilling areas, bicycle storage, a live-in superintendent, on-site property management and an on-site valet parking garage. The building has also undergone significant recent improvements, including facade work associated with Local Law 11 and interior hallway enhancements, with the current work scheduled for completion in time for the fall. Current common charges for Unit 26D are approximately $3,500 per month. Current real estate taxes are just $356.50 annually, or approximately $29.71 per month, benefiting from the building's long-term 421a tax abatement, which is reported to remain in effect through June 2034. Located in South Harlem directly across from Marcus Garvey Park, Fifth on the Park combines neighborhood character with exceptional convenience. The park's Richard Rodgers Amphitheater hosts an impressive calendar of cultural programming, including the Classical Theatre of Harlem's free summer theater and performances during the annual Charlie Parker Jazz Festival. Some of Harlem's most popular neighborhood staples are also close at hand. Whole Foods and Trader Joe's provide everyday convenience, while Settepani, Barawine, Archer & Goat, Indian Summer, Red Rooster and Sylvia's showcase the diversity of Harlem's dining scene. Also along Lenox Avenue, Sottocasa Pizzeria, Cucina Italian Tavern and Pastitalia offer Italian favorites, all within easy reach of home. Transportation is convenient in multiple directions, with the 2 and 3 express trains at 116th Street and Lenox Avenue and at 125th Street and Lenox Avenue, and the 4, 5 and 6 trains at 125th Street and Lexington Avenue. Metro-North service at 125th Street and Park Avenue provides another convenient option. The M1 bus stops across the street from the building entrance and provides convenient downtown service along Fifth Avenue, with additional local and express bus service throughout the area. For purchasers considering a secondary Manhattan residence, the New York City Department of Finance currently lists the property's market value at $564,729. Buyers should consult their tax and legal advisors regarding the applicability of New York City's non-primary residence property tax surcharge. Nearly 3,000 square feet. A 26th-floor vantage point. 245 square feet of private outdoor space. Unobstructed 270-degree views encompassing Central Park and the Manhattan skyline, sunrises and sunsets. A meticulously customized interior. Sophisticated smart-home, climate and premium audio infrastructure. Low current real estate taxes benefiting from the building's long-term 421a tax abatement. Resort-style amenities. Unit 26D presents a rare combination of scale, light, privacy, technology and value for buyers considering luxury homes throughout Manhattan.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Home features
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Balcony, Terrace

View

City, Park, Skyline

Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Package Room
Parking

Garage, Valet

Storage

Cold Storage, Locker/Cage

Wheelchair Access
Wellness and recreation
Children's Playroom
Gym
Media Room
Swimming Pool
Shared outdoor space
Courtyard
Patio
Roof Deck
Building info

History
What it'll cost
Purchase price
$4,500,000
Asking Price: $4,500,000
Term
30 Years
Down Payment
$450,000 (10%)
Min: 10% (450,000)
Rate
6.5 %
Mortgage Amount
$4,050,000
Mortgage Payment
$25,599
Common Charges
$3,500
Taxes
$30
Estimated Yoreevo rebate
$78,750
Estimated closing cost
$173,000
Total monthly cost $29,129
Buy your dream home with us and get an estimated
$78,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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