Total Est. Monthly Carrying Cost:
$15,361 ($7.31/ft2)
Note: the above is based on a down payment of 35% ($768,250),
which is the minimum amount permitted by the building.
Description
Step into old New York’s rarified Celebrity History in this one-of-a-kind gem.
On this beautifully tree-lined street in the prime Park Block location of East 74th St. between Madison and 5th Avenues, legendary performer and activist Lena Horne called this apartment home. As it was when she referred to the space as her ’dream space’, this two-bed, two-bath, six-room home is currently configured as a massive one-bedroom, with absolutely incredible entertaining space.
The warm welcome of the entry foyer is a gracious hello to this unique and distinguished home. The extra-wide living room boasts 5 south-facing windows onto the treelined East 74th St. and 30+ linear feet of unbelievable space.
Original oak hardwood floors and beautiful beamed ceilings decorate this home in pre-war perfection. The oversized eat-in kitchen is a chef’s dream, a large, open space combined with unique arched walls, and a huge pantry with plenty of additional storage. The perfect template for any New Yorker’s dream kitchen.
Currently affixed with a four-burner gas range on the over-sized island, a double wall oven, refrigerator, and dishwasher.
With dimensions of approximately 20’ x 14.5’, the dining room is large enough to be used in many ways: Create an elegant sitting room with dining, or reimagine a traditional grand, pre-war formal dining room, conveniently set off the kitchen. The spacious room is adorned with additional storage and sophisticated built-ins.
This home was once two units, with the primary bedroom originally constructed as an oversized studio.
Now an enormous primary suite, the options are endless. Currently, this 450sf+ "bedroom" can be customized as your multi-purpose suite with endless storage and possibilities. Three windows look south onto beautiful trees and due to the low buildings across the street, the southern sun floods in.
There is an en suite, updated marble bathroom with a stall shower, glass divider, and an original medicine cabinet.
The Volney Residences was built in 1929 and served as an extended stay hotel. Converted in 1982 to a full-service coop, the building has an incredible staff including a 24-hour doorman and a very friendly and superb live-in resident manager. There is a landscaped rooftop terrace, laundry room, and additional storage.
The Volney allows 65% financing. Pied a Terre purchase, washer/dryers and AC has been approved by the Board. Subletting is allowed after one-year ownership for 12-month leases. Pet friendly & 3% flip tax. Sorry, no weekend showings.
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