Full Floor Residence Off 5th Ave
Situated just off Fifth Avenue, in a premier limestone clad prewar cooperative, this magnificent Tony Ingrao designed full floor 10-room residence features grandly scaled rooms with soaring high ceilings, impeccable architectural details and lovely views of elegant landmarked townhouses across the street.
Accessed via a private elevator landing, the stately gallery opens to a 26' x 18' South facing living room, an impressive dining room and a handsome wood-paneled library. Each of these exceptional principal entertaining rooms boast oversized windows and beautiful proportions. The living room and library each have a wood-burning fireplace.
Conveniently adjacent to the gallery is the gourmet eat-in windowed kitchen, which features an island/breakfast bar for 4, two sinks, a 6-burner Viking stove, two Miele wall ovens, a doublewide Subzero refrigerator/freezer, and a Subzero wine refrigerator. The brilliantly designed space has extra-thick honed marbled countertops, a glass backsplash, and abundant storage throughout. The kitchen area also includes a built-in home-office and three large closets for additional storage.
The Northern wing of the home consists of three additional bedrooms and a staff room with an adjacent laundry room. Each of the three bedrooms have custom shelving and storage. The corner staff room has its own private bathroom. The large laundry room has an extra-large Electrolux washer/dryer, storage and a soaking sink.
The sumptuous master suite is located in the private Eastern wing of the residence. The suite is discretely accessed through the library, creating a quiet oasis. The generous South facing bedroom has a wood-burning fireplace and an adjacent oversized onyx-clad bathroom featuring a soaking tub, waterfall shower, separate vanities and a North-facing window. An entire full size adjacent bedroom has been converted into a dressing Room/walk-in closet, this area could also be used as a private study or an additional bedroom.
Completing the apartment is a coat closet in the gallery and a stunning powder room clad in Venetian plaster with a faux leather floor and pink & grey marble sink.
This 15-story prewar building designed by Van Wart & Wein in 1930 has only 12 apartments. Residents enjoy the highest level of privacy and security.
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