High Floor Seven Room with Two Terraces
Large high floor sun-drenched seven room home with four exposures and two terraces. The 25 foot entrance gallery leads to a huge corner living room with sweeping open city views, herringbone hardwood floors, decorative fireplace and grand 20 foot formal dining room, each with double exposures. There is also a large windowed kitchen with butlers pantry and a staff room with full bath.
The corner master bedroom has open East and North exposures as well as an oversize renovated master bath and a walk in closet.
The two additional bedrooms have ensuite baths, walk in closets and access to the magnificent terraces. The forty foot terrace faces Park Ave and the twenty five foot terrace has side views of Central Park.
710 Park is a full-service cooperative and offers a doorman, concierge, resident manager, gym and private garden. 50% financing is permitted and there is a 2% flip tax paid by buyer. Pets and Pied-a-terre's are permitted. Located in the heart of the Upper East Side, shareholders covet their proximity to many fine restaurants, parks, boutiques, schools and mass transit. Central air conditioning is permitted with board approval and there are no summer work rules. Terraces have been virtually staged.
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