Move-in with no renovations to this new listing of a pre-war nine room apartment in a premier Upper East Side co-operative. Step off the semi-private landing and enter the gracious gallery, over 30ft long and leading to a grand living room with a working wood burning fireplace. Off the gallery there is a library/media room with custom mahogany built-ins and a beautiful guest powder room. The master suite has abundant closet space with a wall of storage and media as well as a walk-in closet and additional storage. The master bathroom has two sinks, bathtub and separate shower. The two additional over-sized bedrooms are also en-suite and have excellent closet space. The windowed eat-in kitchen has been custom designed by St. Charles and includes Sub-zero refrigerator and freezer, 2 dishwashers and a Viking stove and oven. Directly off the kitchen there is a staff room and full bathroom. The dining room is currently set up as a media room and the long gallery has dining. There are herringbone wood floors in all major rooms. 2% flip tax is paid by purchaser. Built in 1927 and designed by Schwartz & Gross, this White Glove, full service, prewar building offers 24 hour doorman with live-in superintendent, manned elevators, modern gym, basketball court, bike room, common laundry, and individual storage. With 55 units on 14 floors, this pet friendly coop permits 50% financing.
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