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In Contract

The Lancashire, 563 Park Avenue, #10E

$2,980,000 ($1,142 per ft2) -23.5% | 3 beds, 3 baths | Approx. 2,610 ft2
View Full Building Profile  | 
415 days on Market

Key Details

  • Listed: Mar 6, 2023
    Last Price Change: -8.3% ($270,000) on Jan 24
    Days on Market: 415
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 485 times
Monthly Maintenance: $7,030 ($2.69/ft2)
Est. Monthly Mortgage: $10,256
Total Est. Monthly Carrying Cost: $17,286 ($6.62/ft2)
Note: the above is based on a down payment of 50% ($1,490,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Price: This luxurious apartment is located at 563 Park Avenue, #10E in the prime Park/Fifth Ave. to 79th St. neighborhood. It is listed for $2,980,000, with a monthly maintenance fee of $7,030.
  • Building and Apartment Details: The cooperative building, built in 1910 by Walter B. Chambers, has 20 apartments across 13 floors. The apartment itself is approximately 2,610 ft2, featuring 3 bedrooms and 3 bathrooms, a 36 foot living room with 11 ft beamed ceilings, and original wooden floors.
  • Unique Features: The apartment boasts a semi-private landing, two wood burning fireplaces, a circular dining room, and four south facing windows. The primary bedroom has an en suite bathroom with a steam shower, and the second bedroom also has a fireplace and en suite bathroom.
  • Renovations and Amenities: The apartment has a fully renovated custom chef’s kitchen with top of the line appliances. The building offers a full-time doorman, concierge, and elevator, but does not have a garage or health club.
  • Convenience and Accessibility: The location is convenient to midtown, subways, shopping, and restaurants. The building also features a roof deck, canopied entrance, and large apartments.
  • Potential Drawbacks: Some potential drawbacks include protruding air-conditioners, inconsistent fenestration, a four-step-up entrance, and many duplexes in the building.

Description

When entering this gracious pre war gem from a semi-private landing you are immediately struck by the scale of the apartment. The oversized foyer leads to an incredible gracious 36 foot living room with 11 ft beamed ceilings and enormous light streaming in from four south facing windows and punctuated by two wood burning fireplaces .The intimate circular dining room is perfect for dinner parties and large scale entertaining by creating a wonderful flow through the apartment. The fully renovated custom chef’s kitchen pre war charm and top of the line appliances has a unique bar which is attached to the for entertaining.

The enormous primary bedroom with a wood burning fireplace has South East exposures with lovely light and open views and a fully renovated en suite bathroom with steam shower. The sun filled secondary bedroom has an additional fireplace and en suite bathroom. The large third bedroom has incredibly high ceilings and a charming 3rd bathroom.

Overall the high ceilings, oversized windows, exquisite original wooden floors and four fireplaces create the perfect home.

The Lancashire is a Neo-Renaissance style building built in 1910 by Walter B. Chambers. The prime coveted Prewar co-op is a prominent and very private 13-story Park Avenue building with a total of only 18 Residences. It has a glorious lobby with manned elevators and each floor with only two units have semi-private landings.

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Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Lancashire, 563 Park Avenue

80

The Lancashire, 563 Park Avenue has received a CityRealty Rating of 80, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

21
Out of 44
+
28
Out of 36
+
21
Out of 39
+
10
=
80
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
No Consistency 0 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Pre War
  • Elevator

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Pros
  • Large apartments
  • Canopied entrance
  • Roof deck
  • Convenient to midtown- subways- shopping and restaurants
  • Elevator operator
  • Doorman
  • Superb- prime location
  • Many duplexes
Cons
  • No garage
  • Four-step-up entrance
  • Some protruding air-conditioners
  • Inconsistent fenestration
  • No health club
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Subways

  1. F
at Lexington Ave and 63rd 0.10 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
  6. 6
at 3rd Ave and 60th 0.15 miles
  1. M
  2. E
at 5th Ave and 53rd 0.50 miles

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