This magnificent and impressive 14 room Penthouse occupies the top three floors of one of Fifth Avenue's finest full service prewar cooperative buildings on Carnegie Hill. The residence offers spectacular views of Central Park, the Reservoir and the iconic Manhattan skyline. Abundant sunlight streams in throughout the day from all four exposures.
The outstanding residence boasts approximately 7,000 square feet of interior space, in addition to over 3,000 square feet of landscaped terraces. The terraces are perfectly situated off of the living room, dining room and library, making them ideal for entertaining.
Upon arrival, a private elevator landing opens onto a large open gallery flooded with southern light. The gallery flows into an impressive and vast 70 foot sweep of entertaining space with exceptionally high ceilings. This ideal entertaining space includes a double living room, large open dining room, and a sundrenched renovated eat-in-kitchen. The kitchen incorporates custom wood cabinetry, marble counter tops, and top of the line appliances including a six burner Garland stove with grill, Sub Zero refrigerator and Miele dishwasher. The entertainment floor of the residence is surrounded by brilliantly landscaped terraces which seamlessly merge with breathtaking vistas of Central Park, the Reservoir, and dramatic Manhattan skyline views. A private study/home office and guest bathroom complete this floor.
The stunning and dramatic library occupies the entire top floor of the penthouse and boasts soaring 13 ft. ceilings, a wood burning fireplace, floor-to-ceiling bookcases, and breathtaking oversized windows facing West and South capturing sweeping Central Park and Reservoir views. The library opens onto yet another magnificently landscaped rooftop garden oasis encompassing over 900 square feet and enjoying open views in every direction. A full bathroom completes this floor.
The private bedroom floor of the residence offers the flexibility of a six or seven bedroom layout. The two enormous bedrooms facing onto Central Park each have outstanding closet space, oversized bathrooms, and generous dressing areas. The beautiful corner master bedroom suite has oversized picture windows and a wonderful adjacent study/dressing room with a wood burning fireplace. The Eastern wing of this level includes a 24 x 17 family room with open city views, as well as three additional bedrooms. A full laundry and pressing room is conveniently located on this floor.
The building was built in 1925 and designed by renowned architect Emery Roth in Neo-Renaissance Style. Residents of this full service cooperative enjoy the highest level of service, privacy and security. A brand new fitness room is being installed, and additional downstairs storage is available for each apartment
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