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Twelve Seventy Fifth Avenue, 1270 Fifth Avenue, #11M

$775,000 | 2 beds, 1 bath
Building Profile  | 
8 days on Market

Key Details

  • Listed: Nov 13, 2024
    Days on Market: 8
    Building Type: Cooperative
    Neighborhood: East Harlem (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $1,544
Est. Monthly Mortgage: $4,112
Total Est. Monthly Carrying Cost: $5,656
Note: the above is based on a down payment of 20% ($155,000), which is the minimum amount permitted by the building.

Description

For just $775,000, you can purchase an 11th floor updated two bedroom apartment on 5th Avenue with a partial park view, East and South exposures and outstanding natural light in a full service building with the low maintenance of just $1,544 a month.

When the current owners purchased unit 11M, it was an estate sale. They envisioned a home that would both accommodate the needs of a growing family while simultaneously serving as a comfortable and stylish place to host family, friends and clients. With help from friend and notable architect Christian Wassmann, this is exactly what was accomplished.

Just past the entry foyer, boasting two large built-in closets, is the common room. This area is comprised of a dining and living area that seamlessly flow into each other with a downtown loft-like sensibility. The far end of this room has a wall of windows that capture blue sky and amazing light all day long--not to mention a gracious side view of Central Park.

To take full advantage of the park exposure, two mirrors have been strategically placed to flank the window to bring park greenery as well as sunrises and sunsets directly into this home.

The windowed kitchen is outfitted with high-end Miele and Bloomberg appliances. The counters are honed Carrara accented with a stainless steel backsplash.

With the physical size limitations of the kitchen, the owners carefully considered the placement of the storage, appliances and sink to create maximum flow for those who enjoy cooking.

The bright South facing primary bedroom has two generous closets and can easily accommodate a king bed. This room also has stylish built-in book shelves and a desk that faces the window.

The smaller second bedroom has East and South facing windows, a built-in closet and could also serve as an ideal home office.

When renovating, the owners updated the electric and put in light grey engineered wood flooring throughout. Every room has low built-in bookshelves that mirror the light grey floors.

The bathroom is admittedly original, but in good shape. This home feels hip, cheerful and is ready for it’s next chapter.

With Central Park’s prized conservatory garden within steps of the front door, not to mention the ongoing transformation of the Lasker Rink and Pool site on the Harlem Meer-one of the most significant projects ever undertaken by the Central Park Conservancy, residents of 1270 Fifth avenue can truly claim one of the most magnificent parts of the park as their own front yard.

This pet friendly COOP is fully staffed including a 24 hour attended lobby, live in super, porters. There is a large laundry room in the basement, a storage space THAT TRANSFERS WITH THE APARTMENT!!!, a bike room and an attached garage. There are new elevators and a recently renovated lobby.

Pied-a-terre, and gifting is allowed. Sublets are permitted with board approval after two years of ownership. Flip tax is $25 a share paid by seller and 80% financing is allowed. Purchaser income to debt should not exceed 33%.

This offering is a wonderful opportunity for anybody looking for a great 2 bedroom home--amazing price is just an added bonus.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Twelve Seventy Fifth Avenue, 1270 Fifth Avenue

68

Twelve Seventy Fifth Avenue, 1270 Fifth Avenue has received a CityRealty Rating of 68, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

21
Out of 44
+
30
Out of 36
+
9
Out of 39
+
8
=
68
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
Some Noise 0 out of 1 points
Noise From Nightlife:
Some 0 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Resident Storage
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • Party Room
  • Bike Room

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Pros
  • Close to Harlem Meer
  • Live-in superintendent
  • Doorman
  • Across Fifth Avenue from Central P:ark
  • Parking
  • Close to Conservatory Gardens
  • Allows pets
  • Bicycle room
  • Storage
  • Close to Subway
Cons
  • No balconies
  • No roof deck
  • No concierge
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Subways

  1. 2
  2. 3
at Lenox Ave and 111th 0.26 miles
  1. 6
at Lexington Ave 0.29 miles

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