Total Est. Monthly Carrying Cost:
$76,113 ($21.75/ft2)
Note: the above is based on a down payment of 20% ($2,550,000),
which is the minimum amount permitted by the building.
Description
Once in a great while, a storied past meets a modern sensibility to create a unique, contemporary masterpiece. Such is the stunning co-op Apartment 11C at 1120 - the J.E.R. Carpenter iconic creation, perfectly located on New York’s fabled Fifth Avenue.
This 10 - into 8 - room residence, additionally has another very large bedroom and bath (acquired from the B-Line) making this home approximately 3,500sf. Added to the living/dining room, it provides a remarkable almost 50 foot expanse overlooking New York City’s Central Park, and its crown jewel - the Jacqueline Kennedy Onasis Reservoir.
This apartment, as a result of an enormous and painstaking three-year renovation, has every conceivable amenity (central air conditioning, gas-burning fireplace, huge picture windows, wide-plank white oak floors, state-of-the art electronic sound system and shades, etc.) as well as an east/west orientation that floods it with light from morning sunrise to evening sunset.
The semi-private vestibule opens to a large, museum-quality gallery (with an extraordinary powder room) that leads to a grand combined living/dining room - almost 30 feet with three very large tilt and turn picture windows.
There is also an adjoining library/bedroom and bath.
The long, closet-filled hallway, leads to the private bedroom wing, facing east for the morning light. Originally comprised of three bedrooms (easily restored, if desired) and two baths, it is now a bedroom with private bath and a magical primary suite.
This suite - larger than many apartments - has a true spa-like bathroom, a large dressing room, and a bedroom with wonderful storage.
Additionally, there is another bedroom with ensuite bath.
The kitchen in this apartment (which has a neighboring laundry room) is the centerpiece of this special home. Every high-end appliance makes cooking a pleasure, and the large windowed dining area is a comfortable addition.
Priced far below replacement cost, this special home is ready for its new owner.
1120 Fifth Avenue is a full-service, white-glove building with live-in super, new gym, and a bike room. The apartment comes with a large private storage unit.
There are summer works rules, a 1.3% flip tax to be paid by the buyer, 30% financing is allowed, and pets are welcome.
Located across the street from Central Park and minutes from The Metropolitan Museum, The Guggenheim, The Frick, and Carnegie Hill’s wonderful restaurants and shops, private showings can easily be arranged in this premier building.
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