Note: the above is based on a down payment of 20% ($190,000),
which is the minimum amount permitted by the building.
Description
Massive outdoor private terrace! Panoramic exposures, and River breezes.
Apartment #11-E at 525 East 82nd Street is a large, one-of-a-kind corner residence with a gigantic private terrace (approximately 600 sq ft). A rare Manhattan beauty, this property is sensibly priced so the next owner(s) can readily make this special place fit their wants and needs.
Located a quiet tree-lined street in a historic residential neighborhood, the home is approximately 1,400-square-foot interior consists of three bedrooms: 2 extra-large split king-sized bedrooms and a third, smaller sun-filled bedroom currently used as a home office.
There are 2 full bathrooms and lots of closet space. The Great Room, a combined living room and dining area, is almost 400 square feet. It has picture windows that give it wonderful city and sky views.
Throughout the apartment, natural light pours in its 12 windows and two terrace doors. No neighboring windows face the apartment, allowing for utmost privacy.
Built in 1962 and designed by Philip Birnbaum, the renowned architect of over 300 major buildings in NYC and other major cities. He called the building “The Mansion.” Birnbaum was the founder and leader in the movement to create livable housing.
This property is a prime example of his skillful dedication to optimizing space and light.
The building is in excellent financial standing with a strong cash flow and capital reserves. It is at the corner by East End Avenue near Carl Schurz Park offering playgrounds, two dog runs, and basketball courts, the East River Promenade, Asphalt Green, and Gracie Mansion. Convenient to great restaurants, houses of worship, shopping, public schools, and multiple transportation options including the 2nd Avenue Q subway line, a ferry dock, and the FDR drive for easy access to LaGuardia Airport.
Immaculately kept by an excellent building staff: 7 Days a week – P/T doormen, a live-in super, and porters.
Amenities include a central laundry room, bike room, private storage available, and an attached garage. Pets, guarantors, pieds-a-terre, co-purchasing, and subletting are all allowed. An assessment of $384.90/month is in place until 12/ 2020.
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