Total Est. Monthly Carrying Cost:
$57,800 ($13.06/ft2)
Note: the above is based on a down payment of 50% ($5,975,000),
which is the minimum amount permitted by the building.
Description
Voluminous four bedroom and four bathroom apartment at The Dakota with 14’ ceilings, seven wood-burning fireplaces and extraordinary historic interior details throughout.
Move-in condition with updated bathrooms and kitchen offers numerous options to personalize the space to fulfill the next owners’ desires. When not gazing into the numerous fireplaces or admiring the apartment’s massive pocket and French doors, there are the lovely townhouses lining West 73rd Street, as well as tranquil courtyard views to capture the imagination.
Completed in 1884 at Central Park and West 72nd Street, The Dakota is the original “Grand Dame” of Central Park West. With a central courtyard, ornate staircases, soaring ceilings and enormous windows, it was conceived as a daring experiment to lure discerning Manhattanites from townhouse living to the luxury apartment concept.
Apartment 26 exemplifies that ethos, laid out as if the many stories of a neighboring limestone mansion were harmoniously arranged on a single floor.
The foyer’s central axis radiates separate wings for public and private life. The 35-foot expanse of parlor and corner living rooms unfold to the west and north.
To the south lies a splendid and grand formal dining room that can easily seat 12 or 14 guests. Adjacent den and eat-in kitchen are excellent “back of house” rooms with lovely views onto the building’s old growth Japanese Maple and two courtyard fountains. Four bedrooms and four full bathrooms complete a beautiful floorplan and customizable that works for today’s lifestyle, even 140 years after completion.
After 80 years of ownership by the same family, the building converted to a cooperative in the 1960s.
50% financing is permitted, as are pets, and Buyers are required to pay the 3% flip tax. There is a beautiful state-of-the-art fitness center to use in conjunction with glorious Central Park across the street.
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