Total Est. Monthly Carrying Cost:
$72,230 ($21.56/ft2)
Note: the above is based on a down payment of 20% ($2,180,000),
which is the minimum amount permitted by the building.
Description
Central Park block spectacular, downtown-like, mint condition Penthouse Condo. The most amazing outdoor space in Manhattan with fabulous sunlight and sweeping views!
This unique and gorgeous loft-like duplex boasts 4 super spacious bedrooms plus a large windowed office-and EVERY room in the house has an open exposure. The 3500 square feet of unparalleled outdoor space is the equivalent of the best backyard in the sky-an exciting entertaining and recreation space-with the unusual combination of views and total safety.
Off the elevator, step into an entry gallery on the top floor which leads to the magnificent and jaw dropping great room, which stretches over 37 feet long and over 19 feet wide with over 10 foot ceilings.
Enormous windows on 3 sides create the ultimate architecturally correct glass box, still allowing room for art and furniture, and the rare confluence of fabulous light and warmth. The terrace can be accessed via regular glass doors and for those occasions you want to bring the outdoors in, there are sliding bi-fold glass doors.
The Western portion of the terrace features new turf surfacing, a basketball hoop, trampoline, a large dining area, and an outdoor kitchen with a built-in gas grill with gas line. The Eastern portion has a full lounge area with an outdoor TV, ping pong area, heating lamp and gorgeous views of Central Park and the Dakota.
The terrace is also beautifully planted with an automated irrigation system, lighting system, and electric awning.
The state of the art West facing eat-in kitchen is a chef’s delight with a six burner Wolf stove with vented hood, Wolf oven, Thermador dishwasher and 2 Subzero refrigerators and freezers. There is endless counter space and storage space, an extra large counter for dining, and gigantic windows. Off the kitchen is a powder room with shower.
Downstairs there are 4 bedrooms, a large office and 3 full bathrooms.
All of the bedrooms and the office face South with open views. The luxurious primary suite has a beautiful en-suite bathroom with double vanity, large bathtub and spa like glass shower. The walk in closet is the one of the largest imaginable!
Three other bedrooms are all generously sized with great closets. One has an en-suite bathroom and the 2 others share a hall bathroom. The office has great built-ins and is spacious enough to accommodate 2 people working at the same time.
Completing this floor is a giant, extra storage closet and a large laundry room. There is also access to a common hallway and the elevators from this floor for ease returning from traveling with suitcases.
Additional amenities of this extraordinary home include a brand new, multi-zoned central AC system with smart control thermostats, Control4 lighting system, and automatic shades.
The Olcott is a full service, landmarked, prewar condominium just half a block from Central Park. Amenities include a fabulous gym, private resident’s dining room, children’s play room, and cold storage.
Two storage bins transfer with this sale.
Note that there is an assessment in the amount of $1,504.57 for about 8 months. There is also a working capital contribution equal to the amount of 2 months of common charges paid by the buyer.
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