Seize this opportunity to own this charming one bedroom, one bath in the legendary landmarked Osborne, one of the great pre-wars on West 57th Street, AKA âBillionaire's Row.â There is a spacious bedroom with bay window, large walk-in-closet, original floors from the turn-of-the-century and an open kitchenette. The updated bathroom is clean and bright. An additional amenity available for separate purchase is the adjacent, huge storage closet that can be combined or used as a separate storage unit or home office. Want more space? Adjacent is a two bedroom, two bath park-facing classic, also available for sale. See listing for 11BDE.
The Osborne, like the Dakota, is one of the finest examples of turn of the century architecture in Manhattan. With an unparalleled location across from Carnegie Hall, around the corner from Central Park at the crossroads of everything happening in town, the Osborne is a rare surviving example of the 1880's gilded-age famous for its elaborate entrance and richly appointed lobby. Built for the prominent citizens of the day, and home to countless luminaries over the years, the Osborne retains its elegant and important history. Pet and pied-a-terre friendly. Flip tax 3%.
*Please note that at the current price, the seller is offering a closing credit of $28,404 which is the equivalent, at the current maintenance, of a $789 monthly credit against the maintenance for a three year period. Actual current monthly maintenance is $2,185.65. This residence is being sold âas is". Viewings by private appointment only.
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