A new definition of turn key: all new furniture and artwork included! Move right into this gorgeous, newly renovated five room apartment overlooking Central Park in a prime Fifth Avenue full-service building. Beautiful Central Park and skyline views, new triple mint marble baths, a luxuriously outfitted master dressing room, brand new central AC and new radiators and thermostatic controls. New Skyline picture windows with insulated laminated glass for the highest soundproofing. The bathrooms and kitchen hood exhaust to the exterior. Pied a terres and pets permitted. 50% financing, 2% flip tax.
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