This elegant limestone mansion is approximately 5,885 sqft and includes striking and sophisticated entertaining spaces, an incredibly dramatic double-height master suite, 2-3 additional master bedrooms, guest and staff quarters, 7 wood-burning fireplaces, an elevator and a stunning planted terrace. GROUND FLOOR: Enter through the beautifully planted courtyard to a formal entrance with magnificent original doors from the Paramount Theater as well as a separate service entrance. The grand entrance gallery leads to a large kitchen with top of the line appliances and a separate breakfast area. There is also a guest room, staff room with double laundry facilities and a separate powder room. FIRST FLOOR: An extra wide staircase leads to the exceptional entertaining spaces which include a stunning living room, wood-paneled library, formal dining room, serving kitchen with dumbwaiter, 3 wood-burning fireplaces and 12ft ceilings. SECOND FLOOR: 2 large master suites with ensuite marble bathrooms and wood-burning fireplaces and a beautiful and large planted terrace perfect for quiet summer evenings. THIRD/FOURTH FLOOR: Dramatic and expansive master suite which includes master bedroom with 20ft ceiling and wood-burning fireplace, his and her bathrooms (one with a wood-burning fireplace) and his and her dressing rooms with tremendous closet space. This exceptional and unique property has been meticulously maintained and is located in the heart of the Upper East Side close to some of Manhattans best shopping, restaurants and museums.
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