Note: the above is based on a down payment of 20% ($550,000),
which is the minimum amount permitted by the building.
Description
This two bedroom duplex in a pre-war limestone mansion with elevator on East 68th Street between Madison and 5th Avenue is an incredible and rare find! Renovated to perfection, modern touches blend graciously alongside a restored original pre-war aesthetic in this triple mint duplex loft apartment featuring 2 bedrooms, 2.5 bathrooms, soaring 104 ceilings, a wood burning fireplace, amazing south facing light, and an in-unit washer/dryer. A keyed elevator opens to a semi-private landing which feels like an extension of the home.
The entry foyer gives way to an expansive living area with 3 oversized windows, custom built-ins, a chic powder room and the newly designed modern chefs kitchen appointed with Liebbherr, Gaggeneau, Meile and Subzero appliances and accented by custom cabinetry and granite countertops. This floor is perfect for grand scale entertaining.
The second level of the home is completely dedicated to rest and relaxation with an oversized master bedroom featuring a dressing area and en suite 5 fixture bathroom with exquisite statuary marble walls, a deep soaking tub, a separate shower with rainfall shower head system and fixtures by Kallista. The second bedroom features south facing light, custom built-ins and storage.
The gallery area outside the bedrooms is perfect for displaying the most coveted pieces from your art collection. Other features include a large walk-in closet and a secondary renovated marble bathroom.
This Lamb and Wheeler designed mansion was originally erected in 1882 along with neighbors #6 and #8. By 1919, the architect Harry Allan Jacobs was hired to replace the old facade with a more modern design.
Today, 10 East 68th Street is a five story boutique cooperative comprised of 4 residential units and 1 commercial space. The cooperative allows pied a terre use and pets with board approval. A buyer may elect to take up to 50% financing and there is currently no flip tax.
Residence 5 does benefit from partial ownership of the commercial space whose rent helps to lower the monthly maintenance charge.
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