An unparalleled five bedroom, five bathroom home in one of Park Avenue's most storied buildings, this spectacular apartment is now being offered for the first time! The current owner had the vision to combine two large classic six apartments, creating a beautifully renovated apartment that seamlessly blends old world charm and modern amenities. The perfectly proportioned and extremely large rooms embody grandeur and give this singularly spacious apartment (approximately 4,700 square feet) a natural flow. Rare touches like two back to back wood burning fireplaces in the living room and the library make this a unique space for both home life and hosting guests. The centerpiece of the apartment is unquestionably the enormous gallery, measuring 23 feet in length and 16 feet in width, that demands your attention as soon as you enter from the private landing. One side of the gallery leads to a private master bedroom wing complete with enormous closets and its own dressing room. A separate wing directly across from the master houses three additional bedrooms. A guest room/fifth bedroom with an en-suite bathroom is also off the gallery. Straight ahead, are the north facing living room and library which are bathed in abundant sunlight. The dining room overlooks the building's iconic park-like courtyard and is a fantastic space for entertaining. Adjacent to the top-of-the-line windowed eat-in kitchen is a playroom, a full laundry room, and a maid's room that is currently used as an office. The apartment transfers with two large storage units. The building's huge fully equipped gym, playroom, and exceptional service make this an incredible opportunity to start your next adventure. Please contact listing broker to schedule a showing.
Manhattan’s Upper East Side extends from 59th St. to 96th St., east of Fifth Avenue and is known as one of the most prestigious neighborhoods in the city. The neighborhood consists of stylishly restored old mansions, luxury high rises, stately townhouses, and several of the best co-ops and condos in Manhattan. This district includes access to some of the finest public schools as well as elite private schools like The Dalton School and The Brearley School. Central Park is a quick westward stroll away. Art lovers will find that they can walk to their favorite museums, namely The Metropolitan, The Guggenheim, The Frick, and The Whitney. They can also visit the famous auction houses of Christie’s and Sotheby’s. Posh boutiques and upscale intimate restaurants enhance the area’s elegance.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more