Total Est. Monthly Carrying Cost:
$71,613 ($17.81/ft2)
Note: the above is based on a down payment of 20% ($2,400,000),
which is the minimum amount permitted by the building.
Description
Most exclusive Upper Carnegie Hill condo. Incredible investment opportunity with annualized rent over $500K. This magnificent and rare 5-bedroom pre-war condo boasting over 4,000 square feet of grand living space with expansive Central Park views from the 15th floor is a true gem on Fifth Avenue located in the heart of Museum Mile which houses ten world-class museums. Newly renovated and offering classic pre-war charm coupled with all of the luxury conveniences of modern living, 1212 Fifth Avenue is the only pre-war conversion of its kind in Manhattan with LEED Gold Certification and one of the few condo buildings along Fifth Avenue.
Upon entering from the private elevator landing opening directly into this exceptional 10 room residence you are drawn to the beautifully appointed entertaining space featuring breathtaking romantic Central Park views, lofty ceilings, a gas fireplace, living, dining and library room as well as a versatile den/media room and office space. This residence has been meticulously constructed with plaster coffered ceilings and moldings, solid oak wood floors, solid core doors and recessed LED lighting. Custom millwork for the heat and air conditioning units enhances the beauty of the thermo-pane casement windows throughout the home and individual thermostats control the temperate of each room.
The state-of-the-art kitchen features Dornbracht fixtures, Miele and Bertazzoni appliances, Italian custom cabinets, Ceasarstone countertops and the luxurious bathrooms have been thoughtfully designed with radiant heated floors, custom vanities, Dolomiti marble and Dornbracht fixtures. Originally constructed in 1925 and most recently converted and restored in 2012 by the team of Durst Fetner, S. Russell Groves and SLCE Architects, the transformation of 1212 Fifth Avenue exemplifies true craftsmanship and distinguishing attention to detail. With only 55 units, 1212 Fifth Avenue offers solitude and prestige perfect for someone high-profile who desires privacy.
Amenities include a 24-hour concierge, attended lobby, 2,600-square-foot fitness center, resident’’s lounge, children’’s playroom, green building features, a bike room and parking. For an additional charge, this apartment is offered with the largest temperature-controlled storage unit in the building, located on the lobby level. 24-hour notice is required for showings - tenant in place until August.
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