Total Est. Monthly Carrying Cost:
$45,576 ($9.12/ft2)
Note: the above is based on a down payment of 50% ($5,497,500),
which is the minimum amount permitted by the building.
Description
Welcome to Ultra-luxe Living in one of Carnegie Hill's finest prewar co-op buildings. Wonderful dimensions and a gracious floorplan define this exceptional 16 into 12-room residence, with 5 or 6 large bedrooms, 6.5 bathrooms, 1 staff room with full bath, formal living and dining rooms, library, eat-in-kitchen and media room. This mint-condition home is entered from a private elevator landing through exquisite glass-paned French doors leading into an inviting reception room with a wood-burning fireplace and handsome built-ins.
Adjacent is the pristine Formal Living Room with another wood-burning fireplace; this one surrounded by a stunning hand-carved marble mantle. An expansive gallery provides wonderful flow from the Living Room to the Dining Room, which features a large south-facing double window and marvelous scale for entertaining. A sophisticated library with deep-toned French polished wood panels and a secret closet is a warm and cozy spot for a drink or a chat.
Across the gallery, opposite the library, is the coordinating butler's pantry with wet bar and wine refrigerator, which leads into the center of the home, both literally and figuratively: the gorgeous windowed Eat-In-Kitchen with a 60" Wolf stove, Sub-Zero refrigerator, two dishwashers, two sinks, walk-in pantry, Pietra Cardoso marble countertops, Carrara marble backsplash, and a large center island topped with stunning Gioia marble. The Master suite, bathed in sunlight through two exposures, south and west, is simply luxurious with two full ensuite spa-like baths, sitting area, and huge walk-in closets. Also in the master wing is a smaller bedroom or office with another full bath.
On the opposite side of the apartment is the bedroom wing with its own large gallery serving as the radius of 3 bedrooms, the media room and the staff area. Among the numerous features of this home are rich hardwood floors and substantial millwork throughout, 3-zone central A/C, and a hard-wired sound system. 47 East 88th Street, located at the corner of East 88th Street and Madison Avenue, is one block from Central Park and world-renowned institutions such as the Guggenheim and Cooper Hewitt Museums, many wonderful Madison Avenue shops and top-rated restaurants.
It was designed in 1930 by architect George Fred Pelham and converted to a co-op in 1957. Among its many wonderful white glove amenities are a full-time doorman, porter, live-in superintendent, storage units that transfer with apartments, a bike room, playroom, and a fantastic gym ($500 p/yr.) As a benefit of the co-op owned retail spaces on Madison Avenue, building residents enjoy low monthly maintenance fees.
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