This coveted and spacious southwest corner 7 room home is perched high on the 10th floor of one of Fifth Avenues white glove, luxury full service postwar cooperatives. Each room offers stunning and unobstructed Central Park and Manhattan Skyline views. With only 2 apartments per floor, one enters into a gracious foyer with powder room leading to a large central gallery. The flow of the apartment is exceptional: off of the gallery is a huge corner living room with oversized picture windows, opening to the library with decorative fireplace and a formal dining room (currently setup as a sitting room). The bedrooms sit in their own wing, and the master suite has a very large dressing room, several walk-in closets, and bathroom en suite. Adjacent is the second bedroom, with several built-ins, also with bathroom en suite. The windowed eat-in kitchen features an over-sized picture window looking to Central Park and the Metropolitan Museum, with a staff bedroom and bathroom adjacent. There is also a large pantry and a laundry room with washer/dryer, central A/C and generous closet space throughout. The possibilities are endless to make this incredible home your very own and please note most furnishings included in the sale. Just your bring designer and your wish list. This cooperative has 24hr staff, resident Super, and an in-house garage with preferential rates for shareholders. Pied-a-terre and pets allowed on case-by-case basis.
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