Key Details
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Listed: Jan 20, 2022Last Price Change: -5.7% ($1,000,000) on Feb 3Days on Market: 825Building Type: CooperativeNeighborhood: Carnegie Hill (Manhattan)Doorman: FT DoormanListing viewed 885 times
Insider Highlights
- Location and Building: This full-service, white-glove cooperative is located at 1020 Fifth Avenue in the Carnegie Hill neighborhood, across from the Metropolitan Museum of Art and close to Central Park. The building, designed by Warren & Wetmore, the primary architects of Grand Central Terminal, was built in 1925 and consists of 13 apartments across 14 floors.
- Apartment Features: The apartment boasts 5 bedrooms and 6+ bathrooms, a private elevator landing, a grandly-scaled gallery, three entertainment rooms with high ceilings and wood-burning fireplaces, and a chef’s eat-in kitchen with state-of-the-art appliances and abundant storage. The primary bedroom features a wood-burning fireplace, an ensuite bath, and a walk-in closet, while the other bedrooms each have an ensuite bathroom and ample closets.
- Additional Features: The apartment also includes an office, a bedroom with an ensuite bath, original details like hardwood floors and period moldings, modern conveniences like new central air conditioning and windows throughout, and a washer/dryer. Pets are welcome.
- Building Amenities: The building offers a full-time doorman, elevator, and concierge service. However, it does not have balconies, terraces, sundeck, health club, or garage.
- Financial Details: The apartment is listed for $16,500,000 with a monthly maintenance fee of $15,750 and total taxes & fees of $15,750. Financing is not permitted and there is a 2% flip tax payable by the purchaser.
- Restrictions: While the building is pet-friendly, it does not allow financing and there is a 2% flip tax payable by the purchaser. The building also does not have balconies, terraces, sundeck, health club, or garage.
Description
Featuring very dramatic scale, three sets of enormous windows, and a wood-burning fireplace, the spectacular and glamorous Living Room is stepped down from the rest of the apartment. Nearby, the very handsome corner Library boasts spectacular southern and western sunlight and a wood-burning fireplace, and the expansive, stately Dining Room, also with a wood-burning fireplace, complete the triumvirate of very welcoming entertainment rooms. A Powder Room and a coat closet are conveniently accessible.
Beyond, a cheerful and sunny chef’s eat-in Kitchen with state-of-the-art appliances and abundant storage is supported by a convenient Office and a Bedroom with an ensuite bath. The tranquil private quarters, separated from the rest of the residence by a long hallway, feature a very wonderful corner Primary Bedroom with a wood-burning fireplace, an ensuite bath, and a capacious walk-in closet. There are three additional Bedrooms, each with an ensuite bathroom and very ample closets. The myriad architectural merits and stellar floor plan of this stunning apartment aptly convey the greatness of the top echelon of prewar cooperative residences.
The proportions are gorgeous, and the extraordinarily thoughtful designs of the architects of yesterday easily facilitate today’s lifestyle with grace and comfort. Original details, such as beautiful hardwood floors and period moldings abound and are complemented by modern conveniences added in a recent renovation, including new central air conditioning and windows throughout. 1020 Fifth Avenue features an attractive and quiet canopied entrance on 83rd Street with beautiful sidewalk landscaping.
Impeccable staffing includes a full-time doorman and porters, a concierge service, and a resident superintendent. Pets are welcome. Designed in 1925 by the renowned firm of Warren & Wetmore, the primary architects of Grand Central Terminal, this Beaux-Arts masterpiece remains one of the supreme residential buildings in Manhattan. Maintenance: $14,146 Financing is not permitted Flip Tax: 2% Payable by the purchaser
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Apartment Amenities
- Wood Burning Fireplace