Note: the above is based on a down payment of 50% ($2,497,500),
which is the minimum amount permitted by the building.
Description
With its captivating views of the majestic Metropolitan Museum of Art and the lush Fifth Avenue tree-line from oversized windows in two primary rooms, Apartment 5B at 1016 Fifth Avenue, has it all. The superb apartment represents one of today’s best opportunities for sophisticated living in a classic prewar cooperative.
A large marble entrance Foyer is adjacent to two beautifully proportioned reception rooms and creates a dramatic sense of arrival. This open and airy apartment boasts superb light from more than 35 linear feet of direct Fifth Avenue frontage.
The spacious and elegant Living Room belies the scale of the grand floorplan and features a hand-carved marble mantelpiece, herringbone parquet floors, and lovely views of the museum, gardens and fountains below. The Foyer also adjoins a sumptuous Dining Room, which features inlaid flooring and which can easily accommodate fourteen. A marble Gallery with a full wet bar and temperature-controlled wine storage leads to an eat-in Chef’s Kitchen.
The Kitchen includes a full complement of high-end appliances and Laundry and has been thoughtfully outfitted with custom cabinetry to maximize storage.
The private Bedroom hallway leads to a large, light-flooded Primary Bedroom with a luxurious en-suite Bathroom, each with stunning views of the Museum. A wood-paneled Library/Second Bedroom enjoys eastern light and adjoins a Second Bathroom. Each Bedroom affords wonderful scale and abundant closet space.
To the east, a Third Bedroom includes an en-suite Bathroom. The apartment is offered in excellent condition, with fine architectural moldings, hardwood floors and central air conditioning throughout.
Ideally situated at the southeast corner of East 83rd Street, the handsome 1927 building boasts a distinctive facade with fine architectural detailing in the Italian Renaissance style, attractive landscaping, and a welcoming entrance on a lovely tree-lined street. Designed in 1927 by noted architect John B. Peterkin, 1016 Fifth Avenue is long regarded as one of the most desirable cooperative apartment houses within the boundaries of the Metropolitan Museum of Art Historic District.
A full service, white glove cooperative, amenities include doorman and attended elevator service, a resident superintendent, and a state-of-the Art gymnasium. 1016 Fifth Avenue is pet-friendly, permits financing of up to 50 percent of the purchase price and will consider ownership as pied-a-terre a case-by-case basis. Storage transfers with the apartment. A Flip Tax of 3 percent is payable by the Purchaser.
Showings may be scheduled Monday through Friday 10:00 a.m. to 4:00 p.m.
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