.Architecturally designed, unique 2 bedroom, 2.5 bath, apartment in move in condition. The oversized foyer leads to the loft like living/dinning room with wrap around views of Central Park. Updated white marble kitchen with top of the line appliances. Ensuite bathrooms plus an exquisite powder room. Ample closet space and built-in sound, internet and phone systems.
Premier location on Fifth Avenue. Built in 1940 and designed by renowned architect Emery Roth, this distinguished full-service co-op has full time doorman service, attended elevators, a video security system, laundry room (W/D allowed in unit), storage units, fully equipped gym, a bike room, and a new community room. The elegant lobby was recently renovated, with polished granite fluting. 4% flip tax paid by buyer. Pied-a-terres considered on a case by case basis, and 50% financing. Sorry, no pets.
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