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The Alvarado, 911 Park Avenue, #3B

$6,995,000 ($1,706 per ft2) -12.5% | 5 beds, 5 baths | Approx. 4,100 ft2
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394 days on Market

Key Details

  • Listed: Apr 18, 2023
    Last Price Change: -6.7% ($500,000) on Jan 4
    Days on Market: 394
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 123 times
Monthly Maintenance: $9,443 ($2.30/ft2)
Est. Monthly Mortgage: $23,693
Total Est. Monthly Carrying Cost: $33,136 ($8.08/ft2)
Note: the above is based on a down payment of 50% ($3,497,500), which is the minimum amount permitted by the building.

Insider Highlights

  • High-End Interiors: The apartment, covering approximately 4100 square feet, has been recently updated and refreshed, offering a blank canvas for personalization. It features hardwood floors throughout, high ceilings, fireplaces, and a beautifully renovated kitchen with high-quality St. Charles cabinetry, a Subzero refrigerator, and a Wolf range.
  • Comfort and Convenience: The apartment comes with central air conditioning for comfort, a full-time doorman service for added security and convenience, and a utility hallway leading to a generously sized laundry room with a full-size washer and dryer.
  • Privacy and Views: As a corner apartment with only two residences per floor, it ensures privacy and offers lovely North and West facing views of the city.
  • Building Amenities: The apartment is part of a white-glove, full-service, pre-war co-op with a recently renovated lobby. The building amenities include a new, state-of-the-art gym, bike room, central laundry room, and a storage bin included with the apartment.
  • Bedroom Features: The apartment has a separate wing for bedrooms, each with an en-suite bath and large closets, adding to the overall spaciousness and luxury of the residence.
  • Prime Location: This spacious 5-bedroom, 5-bathroom apartment is located in the prestigious Carnegie Hill neighborhood, close to Central Park, The Metropolitan Museum of Art, Madison Avenue’s shopping district, and many art galleries, boutiques, schools, restaurants, grocery and specialty stores. It also offers convenient access to public transportation and parking garages.

Description

Newly priced at $6,995,000 in addition to being completely updated and refreshed, 911 Park Ave 3B, is now a total "value play" in the in the world of grand apartments on Park and Fifth Avenues. If space, scale and location is the goal, look no farther. This residence which covers approx. 4100 square feet, with 12 Rooms and 5 bedrooms is a rare find.

In very good although not new condition, it includes Central Air Conditioning and a beautiful St. Charles kitchen.

Recently stripped of its original furniture, wall to wall rugs, valances, swags, wallpaper and lacquered paint, a blank palette of enormous scale emerged. Walls were re-painted and repaired, hardwood floors were discovered and then sanded and stained. Now refurnished in a clean, warm and contemporary way, this property is essentially a "white-box " awaiting a personal touch!

Residence 3B, within a premiere white glove building in a coveted Upper East Side location, is the perfect residence for both elegant entertaining and everyday living.

It is a rarity, given its sprawling size and desirable floorplan which provides privacy between public and private areas.

There is a beautifully renovated kitchen and 3-zone Central Air Conditioning system. There are only two Residences on the floor.

This corner apartment has lovely views facing North toward 80th St looking at blossoming trees and then West overlooking the beautifully landscaped mall on Park Avenue.

Upon entering the residence, an impressive 23’ long Gallery, with hardwood herring-bone floors, is the perfect venue for display of Fine Art and furnishings. Centrally located within the apartment, it provides flow into the grand Living Room with wood-burning fireplace, formal Dining Room and elegant Library with Bar and Powder Room.

The library could easily serve as the fifth bedroom with the Powder Room/Bar converted to a full bath.

A separate wing accessible from The Gallery, features four large bedrooms each with an en-suite bath and huge closets. Two of these rooms including the corner primary bedroom overlook Park Avenue.

The handsomely renovated Kitchen and Butlers’ Pantry adjacent to the Dining Room, again, features St. Charles cabinetry with abundant storage, a Subzero refrigerator and Wolf range. It is open to a more casual Den/Dining area and includes a built-in desk.

A utility hallway accessible from the kitchen, leads to a generously sized Laundry Room outfitted with a full-size Washer and Dryer.

The original floorplan included 3 maid rooms from which the casual living and laundry areas were created. It could be reconfigured to suit individual needs.

911 Park Avenue is a white-glove, full service, pre-war coop which was designed by Schwarz and Gross in 1932. It has a majestic, recently renovated lobby and an intimate ambiance with only 44 apartments and 14 floors within the building.

The outstanding staff consists of a Resident Manager, Doormen, Handymen and Porters.

There is new, state-of the art Gym, Bike Room and central Laundry Room. A storage bin comes with the apartment.

Located at the heart of the Upper East Side, 911 Park Avenue is near to Central Park, The Metropolitan Museum of Art and Madison Avenue’s spectacular shopping. It is convenient to many schools, restaurants, grocery and specialty stores.

There is an abundance of public transportation as well as parking garages within the area.

A 2% flip tax exists which is paid by purchaser. Pied-a-terre’s are permitted

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Alvarado, 911 Park Avenue

74

The Alvarado, 911 Park Avenue has received a CityRealty Rating of 74, 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

22
Out of 44
+
28
Out of 36
+
15
Out of 39
+
9
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 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:
Consistent 1 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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 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:
Less than 3 Short Blocks 2 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:
3-4 3 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:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 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:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Elevator

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Pros
  • Side street is one of the most impressive in the city
  • Doorman
  • Convenient to many art galleries and boutiques
  • Attractive entrance
  • Convenient to the Metropolitan Museum of Art
  • Good cross-town bus service one block south
  • High ceilings
  • Fireplaces
  • Attractive- pre-war building
  • Close to Subway
Cons
  • No garage
  • Inconsistent fenestration
  • No sundeck
  • Protruding air-conditioners
  • No health club
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Subways

  1. 6
at Lexington Ave 0.16 miles
  1. 4
  2. 5
at Lexington Ave 0.33 miles

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