Total Est. Monthly Carrying Cost:
$167,396 ($30.44/ft2)
Note: the above is based on a down payment of 20% ($5,580,000),
which is the minimum amount permitted by the building.
Description
Located on Park Avenue and East 73rd Street, this truly exceptional residence encompasses the entire 12th floor and blends Prewar style, spacious grand rooms, soaring 11-foot ceilings, detailed crown moldings and beautifully designed hardwood floors. Sunlight flows in from 34 windows, spanning all four exposures. One hundred feet of Park Avenue frontage with open views including the city skyline and distant views of Central Park to the west.
This elegant white glove prewar coop is one of Rosario Candela's most prestigious and coveted buildings. You arrive on the 12th Floor of 778 Park Avenue through an elegant private elevator landing leading to the grand 36-foot entrance gallery. Off the gallery is a powder room and two oversized coat closets. The sun-drenched living room boasts three oversized windows which face east over Park Avenue.
This magnificent 32 x 19 room has herringbone floors and is centered around the grand wood burning fireplace. Adjacent is a 25 x 17 corner formal dining room with wood burning fireplace and a handsome wood-paneled library with custom built-ins and wood burning fireplace, including a closet or space for a wet bar. This original Candela designed layout graciously allows for all of the formal entertaining spaces to flow seamlessly. The north wing of the residence has a large kitchen, pantry, beautiful sun-filled corner breakfast room and staff wing including a laundry room, staff dining room and 2 maid's rooms with a half bath.
These areas can all be combined and reconfigured. Up a set of stairs from the main floor is a staff suite with 2 additional maid's rooms and maid's bathroom. The entire southern portion of this home is a separate bedroom wing and includes a long hallway which leads you to the spacious master suite and 4 additional bedrooms with 3 additional full bathrooms. The master suite includes a corner master bedroom with en-suite master bathroom and an exceptionally large dressing room with closets. 778 Park Avenue was designed by legendary Manhattan architect Rosario Candela, built in 1931 and considered to be one of his finest works.
This full-service white-glove cooperative consists of only 18 apartments; residents enjoy the highest level of service and security. This is a rare opportunity to own a residence in one of the most sought after addresses in New York City. 3% Flip Tax paid by Purchaser.
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