Direct Central Park views from this oversized Classic 6 with private outdoor space. This 2 bedroom/3 bathroom home + formal dining room and maid's room (currently setup as 3rd bedroom) offers lovely park views and excellent natural light through big picture windows. The classic layout boasts a large entry gallery, a west-facing Living Room that overlooks Fifth Avenue and Central Park and a fabulous private balcony hanging over the Park with plenty of space for outdoor enjoyment. The formal dining room doubles as a den and the windowed eat-in kitchen features a built-in breakfast bar and has great counter space and storage for easy everyday cooking. The Master Bedroom also faces west over the Park and has a walk-in closet and a renovated en suite bathroom. Other details include updated soundproof windows, a generously sized second bedroom with courtyard views, a maid's room/3rd bedroom with a full bath, beautiful hardwood floors, thru-wall A/C, and an abundance of closets and storage throughout. Built in 1950, 860 Fifth Avenue is a pet friendly full-service co-op with impeccable service, a gym, basement storage, bike room and an on-site garage.
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