This exceptionally grand and sun-filled home at 907 Fifth Avenue features 2 large bedrooms, 2 marble baths plus 2 wood-burning fireplaces. Apartment 4B represents the elegance of a bygone era with soaring ceilings, grand-scaled rooms and exquisite old-world details. The impressive scale is showcased by ceilings more than 10 high, oversized windows that reach the ceiling, exceptional natural light that floods the apartment and oblique Central Park views from every room. 907 Fifth Avenue is known for its grand-scaled interiors and this beautiful home does not disappoint. Once only two 12-room apartments per floor, this home benefits from the original massive layouts which created a 27-foot formal entry gallery, a nearly 30 formal living room and an oversized separate residents wing. Meticulously preserved prewar architectural elements throughout include marble and herringbone hardwood flooring, intricate decorative crown moldings and trim, massive doorways, a stunning ceiling rosette in the formal expanse, numerous built-ins, wood-burning fireplaces both in the living room and MBR and an elegant formal entry gallery with a 107 cove ceiling and an antique mirror accent wall that is wonderful for receiving guests. This gracious and grand layout also affords the space and layout flexibility to suit a new owners needs. The magnificent formal living room of nearly 30 feet provides a fabulous flow with multiple seating areas for grand entertaining. The room is beautifully appointed with gorgeous architectural detail including intricate woodwork, a wood-burning fireplace with a stately mantle flanked by handsome built-in bookshelves and pristine herringbone floors. Double wood doors lead to a formal dining area where hand-painted English country scenes fill the walls. Directly adjacent is the windowed eat-in kitchen, which provides plentiful storage and room to work with built-in pantry closets, abundant cabinetry, through-wall air conditioning, a Thermador cooktop and Bosch built-in microwave. If desired, the current kitchen and the dining room can easily be combined to create a huge eat-in kitchen, with the adjacent living room having more than enough area for dining if this change were made. The separate residents wing hosts two striking and bright bedrooms, two full bathrooms fully clad in white marble, exceptional storage and a double laundry closet with fully installed washer and dryer plus more storage. The stately master suite boasts a wood-burning fireplace, an enormous custom-fitted walk-in closet that serves as a dressing room and en-suite oversized marble master bathroom. The second bedroom features a very large walk-in closet and handsome built-in book shelves. Both bedrooms boast oversized windows with glorious side Central Park views all the way to the Central Park West skyline.907 Fifth Avenue is an elegant prewar cooperative building with the highest white-glove service. This 12-story building was designed in the Italian Renaissance Palazzo style in 1916 by J.E.R. Carpenter, one of the most respected architects of his day. A very attentive full-time staff includes a resident manager, doormen, porters and handymen. Amenities include a landscaped and furnished roof deck with sweeping Central Park views, a fitness center/gym, central laundry, and extra-large individual storage bins (15 long x 5 wide x 11 tall) for each 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