This marvelous and grand simplex, is superbly located in the heart of the Upper East Side, in one of New York's most prestigious white-glove cooperatives. The 12 into 11 room residence is graced with views of the gorgeous limestone Metropolitan Museum facade, and the leafy and verdant Koch Plaza tree arbor. Three of the principal rooms front directly on the Avenue. Thus allowing the divine corner Library, as well as the Study, and a tremendous Living Room that is distinguished by absolutely gorgeous period mahogany paneling, to take full advantage of this delightful vista. The public rooms also include a lovely and large square Dining Room as well as an impressively scaled Gallery, a private entry Foyer and two wood burning fireplaces. Similarly, the four pretty bedrooms have pleasant and sunny outlooks onto the tree-lined environs of 83rd Street. One of the bedrooms is especially large and features a fireplace, and the wing also includes three baths and abundant closet space. Beyond there is a very spacious Kitchen and Pantry, as well as a Laundry Room, Double Staff Room and a Staff Bath. The myriad architectural merits and stellar floor plan of this stunning apartment aptly convey the greatness of the top echelon of prewar cooperative residences. Moreover it is remarkable how impeccably these rooms have stood the test of time. The proportions are gorgeous, and the extraordinarily thoughtful designs of the architects of yesteryear easily facilitate todays lifestyle with grace and comfort, both for families and for grand entertaining. Original details such as hardwood floors and period moldings abound, and sunlight is a constant in this most delightful 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