Note: the above is based on a down payment of 50% ($3,450,000),
which is the minimum amount permitted by the building.
Description
Located directly across from Central Park, the Metropolitan Museum of Art and perfectly situated on Fifth Avenue this home is noteworthy with its classic lines, exceptionally large windows and a European sensibility. Its nine rooms are grand and sunlit from three exposures.
This gracious apartment, reached by a semi-private elevator landing, has an exceptional 27' entrance gallery. The nearly 30' living room has a wood burning fireplace with marble mantel and two enormous eight over eight sash windows.
The adjacent formal dining room is impressive in size and has a beautiful, tree-lined exposure over East 83rd Street through three tall windows. Both the living room and dining room have herringbone patterned, hardwood floors. The proportions are perfect.
A private hall leads to three bedrooms or two and a library.
The substantial, square, corner master bedroom faces west and north and through over-sized windows looks at both the park and the fountain. It has a spacious, windowed bath and a very large walk-in closet. The sunny, second bedroom, also overlooking Fifth Avenue, has an en suite, windowed bath and a cedar closet.
The third bedroom, or library, is graced by lovely French doors, a domed ceiling and a windowed en suite bath. There is a large linen closet in the hall.
The eat-in kitchen area is south facing, sunny and very generous in size. Presently configured as a butler's pantry, a large, separate breakfast room, laundry room and two staff rooms with a bath the space is flexible and can lend itself to a number of different layouts.
1016 Fifth Avenue is a prestigious cooperative located in a distinctive Italian-Renaissance Palazzo style limestone and pale beige brick apartment house.
Completed in 1926 it is amongst the best-detailed buildings on the avenue. It has a stunning gray marble lobby, an attentive, full service staff, resident manager, fitness room and private storage. There is a 2% flip tax. 50% financing and pets are permitted.
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