Note: the above is based on a down payment of 50% ($4,875,000),
which is the minimum amount permitted by the building.
Description
This mesmerizing "oasis in the sky" is situated on Fifth Avenue overlooking Central Park. With approximately 80 linear feet of Park frontage, this glamorous home must be seen to be believed. Directly across from the Jacqueline Onassis Reservoir, the sunsets and sunrises are truly spectacular, and one can enjoy all of the seasons with the sweeping views south toward the Metropolitan Museum and midtown Manhattan Skyline to the iconic Central Park West buildings, and north all the way to the George Washington Bridge.
The sprawling 10-room floor plan is very flexible and can be easily transformed to suit the needs of its new owner. There is abundant space for all to live and work in privacy, surrounded by serene Park views. Currently, the apartment is configured as 5-bedrooms and 4.5-bathrooms, plus a staff room, which can easily be converted to a 6th bedroom.
One enters into a proper gallery, which flows seamlessly into the grand living room and formal dining room, both with a wall of picture windows facing Central Park. The windowed chef's kitchen is replete with designer GE and Liebherr appliances and quartz countertops, and is adjacent to both a spacious entertainment room, and a staff room with laundry (or 5th full bathroom). The Park facing expansive primary bedroom suite has its own bathroom; fabulously custom-fitted dressing room, plus a sitting room, and an adjacent home office, all with glorious views.
The 3 additional bedrooms sit in their own wing on the opposite side of the home, the largest one facing the Park: all are sun-filled, quiet, and generously proportioned with custom closets and 2 additional bathrooms. All bathrooms beautifully renovated with Crema Marfil marble or designer tile and tasteful fixtures. Restored original parquet floors, tasteful moldings, picture lighting and expansive walls for art, a decorative fireplace, enormous updated picture windows, and central heat & thru-wall ACs, complete this treasure.
1050 Fifth Avenue is a luxury ultra-full-service cooperative built in 1959 at the height of mid-century modernism, and situated on the corner of 86th Street and Fifth Avenue in the heart of the Upper Eastside and Museum Mile.
The stylish building offers 24-hour doormen, full-time elevator operator, live-in Resident Manager, fully equipped in-house gym, bike storage, and an in-house garage offering monthly parking for $360 per month for residents. Monthly maintenance fees are surprisingly reasonable compared to other full-service buildings located on Fifth. A new roof deck is also being completed and pets are welcome.
Perfectly situated near all forms of public transportation, the finest of restaurants, museums, and shopping, as well as convenient accessibility to the west side, this unique home offers Fifth Avenue living at its best.
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