Magnificent 4-5 bedroom residence with 1,640 Sq. Ft. wrap terrace in one of East End's most distinguished full-service condominiums, with superbly designed interiors by renowned architect Peter Marino. 10 ft floor to ceiling windows frame breathtaking views of the East River, Gracie Mansion and Carl Shurz Park, and the sprawling wrap terrace provides the perfect place to enjoy the magnificent sunrises & sunsets, and the continuous excitement along the East River. Enter through a gracious foyer, which has several coat closets and powder room. The corner living room is wrapped in floor to ceiling windows showcasing magnificent river views, and boasts a wood burning fireplace as well as two access points to the enormous wrap terrace. A lovely library sits off of the living room, which could easily be made into a fifth bedroom, per the original floorplan. The square dining room is situated between the living room and the eat-in kitchen, with another entryway onto the terrace, creating a perfect flow for outdoor dining and cooking on the gas grill.The master suite is accessed by a private hallway, and boasts an ensuite marble bathroom with dual sinks, oversized soaking tub, generous walk-in closet, and an additional entrance to the terrace. Three additional bedrooms, all with ensuite bathrooms are located on the other side of the residence. Additional features include washer/dryer, high-end appliances, and custom cabinetry. Services include 24 hour doorman and concierge, and impressive amenities include garage, fitness center, yoga and Pilates studios, 40 seat media room, virtual golf, squash court, play room, game room, billiards, and a Peter Marino designed oak paneled library and private landscaped courtyard with waterfall. Assessment of $650.04/month for capital improvements.
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