Total Est. Monthly Carrying Cost:
$13,928 ($12.66/ft2)
Note: the above is based on a down payment of 20% ($420,000),
which is the minimum amount permitted by the building.
Description
Welcome to a truly special home at the famed Olcott Hotel! Converted to condominium in 2007, this southern-facing 2-bedroom 2-bath with hardwood flooring, high-beamed ceilings, and central heating and A/C throughout is a seamless blend of pre-war detailing and modern comfort. Complete with top-of-the-line appliances including a stainless steel Dacor stove top and range and tastefully disguised Subzero refrigerator and Miele dishwasher, this gourmet kitchen will inspire even the most timid home chef!
Graciously proportioned, the living room welcomes with its wall of southern-facing windows, built-in bookshelf, and relaxed dining area. A short hallway offers graceful separation between the living areas and second bedroom, which enjoys sun-filled southern exposure and well equipped closet space with custom storage. This hallway provides further access to a large walk in closet and second bath with radiant floors, marble sink, tub, and closet with washer/dryer unit.
Also sunny and looking south, the generous master bedroom offers a walk-in closet and substantial space for additional seating or a home office. Relax in the luxurious master bath complete with marble rain shower, soaking tub, and heated flooring; perfect for the cool autumn weather! Please note that the advertised taxes are with the STAR abatement, the unabated monthly taxes would be $1,735.
There is also an assessment in place for one year of $600 per month.
Legendary and historic, The Olcott is a coveted white-glove condominium with architectural grandeur harkening back to a bygone era. While the lobby maintains its historic elegance, today’s comforts include 24-hour doorman and concierge, on-site management, excellent gym, playroom, cold storage, and resident lounge.
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