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Residential Income Property with Private Terrace

870 5TH Avenue 14E, Manhattan, NY 10065

For Sale
$7,950,000
Pending

Reimagined two-bedroom residence with flexible den, chef’s kitchen, and expansive outdoor entertaining space.

Property SizeContact for details
Days on Market201

Property Features for 870 5TH Avenue 14E

General Information

Standard status Pending
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

private terrace
roof deck
fitness center
full-time staff
storage unit

Building Details

Year Built 1949
Year Renovated 2024
Listing Agency: Corcoran Group
Listed By: Richard Ziegelasch · License NY #10301220484
Source: Howardhannanyc
Added: Apr 23 Changed: Nov 5 Last Checked: Nov 8 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

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Investment Insights

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Located at 870 Fifth Avenue, this residential income property is configured with two bedrooms, a den or library, and two-and-a-half baths. Gut-renovated in 2024, the residence features wide-plank white oak floors, expansive living and dining areas, a custom backlit onyx bar, and three sets of French doors opening to an expansive private terrace. The chef’s kitchen includes Hans Krug cabinetry, marble countertops, Dornbracht fixtures, a Wolf gas range, Sub-Zero refrigeration, and dual Cove dishwashers. A walk-in laundry room and pantry provide additional storage, while five-zone HVAC, integrated Lutron lighting, automated shades, and a Sonance in-ceiling sound system support the home’s modern systems package.

The property is within a white-glove cooperative with full-time staff, a landscaped roof deck, and fitness center. Its location at Fifth Avenue and 68th Street places it near Central Park, dining, cafés, boutiques, and cultural institutions. A storage unit transfers with the sale.

Key Highlights

  • Expansive private terrace with open views from Billionaires’ Row toward Central Park
  • Gut‑renovated in 2024 by AD100 designer Tony Ingrao
  • Two bedrooms, den/library, and two‑and‑a‑half baths

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

26,446
Businesses Nearby

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Reimagined two-bedroom residence with flexible den, chef’s kitchen, and expansive outdoor entertaining space.
Where is this residential income property located?
The property is located at 870 5TH Avenue 14E Manhattan, NY.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: Expansive private terrace with open views from Billionaires’ Row toward Central Park; Gut‑renovated in 2024 by AD100 designer Tony Ingrao; Two bedrooms, den/library, and two‑and‑a‑half baths
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