Total Est. Monthly Carrying Cost:
$39,294 ($9.36/ft2)
Note: the above is based on a down payment of 50% ($4,250,000),
which is the minimum amount permitted by the building.
Description
Grand 5 Bedroom, 4 Bath Prewar Coop with Incredible Light and Magnificent Central Park Views
This exquisite high floor, five-bedroom home which has been featured in House Beautiful, is the epitome of elegant living. The private elevator vestibule opens to a perfectly appointed entry gallery. The grand living room with 10-foot ceilings and a wood burning fireplace boasts breathtaking Park Avenue views south, overlooking the midtown skyline.
The adjacent library with a second wood burning fireplace, flooded with light, also heralds this incredible view. The grand dining room, perfect for large gatherings, completes the gracious entertaining wing.
The chef’s eat-in kitchen features state-of-the-art appliances such as a Sub-Zero refrigerator, a Wolf 6 burner oven, a Miele Dishwasher along with a separate butler’s pantry which includes a Sub-Zero wine and drinks fridge along with an ice maker.
The expansive kitchen offers ample room for casual dining and opens up into a fabulous “Great Room” with a home office, all with stunning views of Central Park-- perfect for modern living. The laundry room features a vented Miele washer/dryer with abundant storage. A fifth bedroom with full bath or second home office perfects this area.
The private bedroom wing features a luxurious primary suite with three large closets, a spacious bathroom, along with a terrace facing south and west over Central Park.
The three additional large bedrooms include highlights such as built-in desks, window seats, generous closet space and spectacular views. There is a new state-of-the art central air conditioning system throughout this home.
Built in 1930, 1220 Park Avenue was designed by Rosario Candela, New York City’s premier architect of prewar apartment buildings.
This full-service cooperative has a state-of-the-art fitness center, storage and is pet friendly. The building permits financing up to 50% of the purchase price, and there is a 3% flip tax paid by the seller.
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