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1067 Fifth Avenue
New York, NY 10128
Jane Andrews with Coldwell Banker Warburg, original listing - (212) 439-4500
$14,995,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
--
Property Description

Perched above the treetops of Central Park, this architecturally distinguished twelve into 8-room full floor apartment has undergone a masterful renovation that has updated this timeless pre-war home for today's living. Highlighted by an expansive living room, a refined library, an elegant formal dining room, and a gorgeous eat-in kitchen. This grand and classic apartment features a versatile layout, with four generous bedrooms and three luxurious bathrooms. Prepare to be captivated by breathtaking sunsets and sweeping views of Central Park, the Jackie Onassis Reservoir, and the skyline, all within a coveted prewar building on Fifth Avenue. A private landing with carved ceiling and beautiful wooden archway leads into an impressive living room, where oversized windows frame spectacular views and fill the space with natural light beneath 10-foot ceilings. The living area flows seamlessly into a stunning west-facing library boasting custom woodwork, built-in bookcases, and a cozy window seat with idyllic views of the reservoir and fountain. The refined formal dining room is tremendous in scale and built to entertain large gatherings. Each of these spaces features its own working fireplace adorned with elegant marble mantelpieces. The heart of the home is a fabulous eat-in kitchen with an enormous center island - a culinary haven equipped with marble countertops, a stylish tiled backsplash, and top-of-the-line stainless steel appliances, including Subzero refrigerator and a Wolf range with 6-burners. A comfortable banquet seating area, plus a built-in desk, and a dedicated laundry area add functionality to this luxurious, full-service kitchen. Four well-proportioned bedrooms are complemented by three fully renovated bathrooms with custom fixtures and finishes. The pristine primary suite features serene eastern views, and beautiful custom closets within a dressing area leads to a lavish and sunny marble primary bathroom, complete with a double-sink vanity, a de

Property Information
Lot Size
0 sqft square ft
Property Type
Residential Common Interest-Stock Cooperative
Year Built
1917
MLS Number
--
Location
Address
1067 Fifth Avenue
City
New York
State
NY
Zip Code
10128
County
NEW YORK (UPPER MANHATTAN)
Listing
Provider
Coldwell Banker Warburg, original listing
Name
Phone
(646) 765-6489
Office Name
Office Phone
(212) 439-4500
Agent Name
Jane Andrews
Agency Phone
(212) 439-4500

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.