Total Est. Monthly Carrying Cost:
$17,474 ($8.74/ft2)
Note: the above is based on a down payment of 50% ($1,797,500),
which is the minimum amount permitted by the building.
Description
Park Avenue Designer Residence.
863 Park is an early pre-war building on Park Avenue, in fact it was the first residential building on Park Avenue erected above 57th Street. Built in 1907 in a Neoclassical style with beaux-arts detailing, it is an outstanding example of fine architecture on Park Avenue with its deep classical cornice and its limestone clad stone plinth/quoining at the base of building, which set it apart from the other brick buildings surrounding.
This residence is on the 9th floor of the building and is quite unique, with the building's only Juliet Balcony running along the building's south facing facade, which allow the apartment to boast wonderful natural light, with south and eastern exposures.
The apartment is in the classic style, with prewar charm and character as well as gracious windows and tall ceilings. The home also has a unique floor plan, reminiscent of the Parisian flat featuring the room to room enfilade arrangement of rooms. Perfect for entertaining.
The apartment was re-imagined and designed with much attention to its heritage by acclaimed designer Garrow Kedigian, who also brought his love of enfilade to the residence.
From the moment you arrive in the vintage glass front manned elevator, you are greeted with special touches and features in every room. The expansive living room is anchored by a wood burning fireplace on its west wall, and a set of three exquisite french doors on its southern wall to let the light and fresh air in. The flow of the apartment is excellent, as you glide into the dining room/music room, with its custom dining banquet, french doors and grand piano, and then on to the den/guest room, which is anchored on its east wall with another wood burning fireplace.
The residence also features two additional bedrooms, a maids room, three full bathrooms and a lovely eat in kitchen with window banquet that harks back to the designers French roots. Original hard wood floors throughout, in unit washer/dryer, wet bar and butlers pantry, and with only two apartments per floor, a definite level of privacy.
863 Park Avenue is perfectly located on Manhattan's Upper East Side and boasts the best neighbors in New York City, including The Carlyle, The Mark, as well as Madison Avenue's fine shops and restaurants. There is a bike room, private storage unit and laundry room in the building.
Pets allowed upon approval. 50% financing permitted and 3% flip tax.
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