Total Est. Monthly Carrying Cost:
$58,974 ($16.85/ft2)
Note: the above is based on a down payment of 20% ($1,780,000),
which is the minimum amount permitted by the building.
Description
Grand Space and Architecture Sets the Tone for This Historically Significant and One-of-a-kind 3 Bed / 3.5 Bath Home
This rare and stunning residence occupies the entire twelfth floor of one of Manhattan’s most coveted Fifth Avenue residential buildings. Located in the heart of the Upper East Side, this residence is graced with timeless beauty and expansive views.
After entering through a private elevator entrance, an impressively scaled main foyer welcomes you. The expansive south-facing living room sits just beyond the foyer and evokes feelings of Parisian grandeur with oversized windows and exceptionally high ceilings reaching roughly 10’.
The room is dramatically appointed with impressive Central Park South skyline views, and Herringbone oak floors which run throughout the entire home.
Graciously adjoining the living room is a corner library adorned with sophisticated Tudor woodwork and paneled walls, oversized windows, built-in bookcases, and a cozy fireplace that instills a feeling of comfort and security. The room’s Southern and Western exposures offer direct, sweeping views of Central Park and the gorgeous reservoir, as well as the Museum’s iconic steps.
The elegant dining room is sure to leave guests and residents in awe.
From the moment you walk in, you are welcomed by 3 magnificent Palladian arch windows that provide one-of-a-kind vistas of Central Park and the Reservoir. Nestled in between the Northwestern-facing windows, the second wood-burning fireplace features an intricately designed mantel with a chic marble finish. The space can easily accommodate large parties and plenty of seating making it a prime spot for entertainment.
Through the dining room, you have access to a glorious, windowed eat-in kitchen.
This beautiful space is well-equipped with a large center island, plenty of storage with built-in cabinetry, and top-of-the-line appliances including a six-burner stove and a tremendous stainless steel hood. Additionally, you will find a laundry area, separate pantry, and a service elevator nearby.
A private bedroom wing houses three impressively sized bedrooms.
The primary suite is South and East-facing, which gives a particularly sunny outlook onto the tree-lined surroundings. The space is luxuriously appointed with a wood-burning fireplace, a roomy walk-in closet with built-in dressers and an enormous dressing room. Adjoining the dressing room is an en suite marble bathroom with a double vanity sink.
The second and third bedrooms both feature their own private bathrooms and additional closets.
Built in 1925, 1020 Fifth Avenue is a white-glove, full-service building that is one of the most sought-after and prestigious addresses on Fifth Avenue. This coveted pre-war building is ideally located on the Upper East Side and offers access to the finest shopping, dining, and attractions throughout the city.
Note: Flip Tax is 2% paid by the buyer.
Photos Virtually Renovated & Staged.
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