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1185 Park Avenue, #PH1617G

$14,500,000 ($2,843 per ft2) | 5 beds, 6+ baths | Approx. 5,100 ft2
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92 days on Market

Key Details

  • Listed: Feb 21, 2024
    Days on Market: 92
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 281 times
Monthly Maintenance: $9,932 ($1.95/ft2)
Est. Monthly Mortgage: $48,625
Total Est. Monthly Carrying Cost: $58,557 ($11.48/ft2)
Note: the above is based on a down payment of 50% ($7,250,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Building: This prestigious penthouse is located in the Carnegie Hill neighborhood, a landmark building with an impressive entrance, and only two apartments per elevator for added privacy. The building amenities include a gym, playroom, roof garden, bicycle rooms, and a health club. Pets are permitted and concierge service is available.
  • Space and Layout: The spacious 5,100 sq ft penthouse boasts 5 bedrooms and 6+ bathrooms, a library, 2 powder rooms, and an impressive central gallery with a dramatic marble staircase. The corner primary bedroom suite offers stunning river views and 2 full bathrooms, and 3 additional oversized bedrooms each come with an en-suite bathroom.
  • Outdoor Features: The property features a beautifully landscaped wrap-terrace with open city and river views, a roof level garden/sunroom, and a stunning landscaped terrace accessible through elegant French doors. The French Orangerie-style garden/sunroom also includes a wood burning fireplace.
  • Living and Dining: The south facing living room includes a wood burning fireplace, and the formal dining room features a custom built, 700-bottle wine vault. The chef’s kitchen is equipped with top-of-the-line appliances and custom cabinetry.
  • Security and Convenience: For added security and convenience, the building offers a full-time doorman and a washer/dryer in the apartment.
  • Nearby Amenities: The property is in close proximity to Central Park, Upper East Side museums, private schools, and Madison Avenue shopping, making it an ideal location for families and individuals who appreciate culture and convenience.

Description

A TERRACE LOVERS DREAM This trophy penthouse boasts grand rooms, fantastic light and a spectacular, beautifully landscaped wrap-terrace with open city and river views east, west and south. The home offers 5 bedrooms, 5 full bathrooms, a library, roof level garden/sunroom and 2 Powder Rooms. At 5,100 interior and 2,850 exterior square feet, this stunning residence has it all, and at an extraordinarily low maintenance. The private landing leads to an impressive central gallery that connects all major rooms and features a dramatic marble staircase with Palladian windows and 24’ domed ceilings.

The spacious, south facing living room is flooded with sun all day with, open city views and a wood burning fireplace adorned with a magnificent 18th century French mantle. The formal dining room features the original coffered ceiling and a custom built, 700-bottle wine vault with temperature controls. The library has river views, and features its original wood paneling, pegged wood floors and decorative plaster ceiling. The heart of the home is an open and sun-flooded chef’s kitchen replete with top-of-the-line appliances, Glassos countertops, and custom cabinetry. There is a separate breakfast room with custom built-ins, additional storage and a Washer/Dryer. The corner primary bedroom suite is an enormous private enclave.

The bedroom faces south and east with stunning river views and flows seamlessly into the private study, which can be converted back to the fifth bedroom, a dressing room paneled in mahogany, and walls of closets that include 2 large walk-ins. The suite is completed with 2 full bathrooms appointed with marble, onyx and custom tiles. There are 3 additional oversized bedrooms each with an en-suite bathroom, amazing views and incredible closets. A powder room completes the floor. Ascend the grand staircase to the upper level, with 6 Palladian windows overlooking the gallery below.

Reminiscent of a French Orangerie, the garden/sunroom is surrounded by windows and features a wood burning fireplace with an exquisite mantel. A second powder room is located on this level. The crowning glory of this home is the stunning landscaped terrace that wraps the entire level and is accessible through elegant French doors. It is a truly rare entertaining space. Constructed in 1929 by Schwartz and Gross, 1185 Park Ave is one of Carnegie Hill’s most prestigious cooperatives.

Located two blocks from Central Park and a short walk to Upper East Side museums and private schools, as well as Madison Avenue shopping. Amenities include a gym, playroom, roof garden, and bicycle rooms. Private Storage. Pets permitted. The building allows 50% financing.

2% flip tax payable by purchaser.

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Apartment Amenities

  • City View
  • Washer/Dryer in apt.
  • Wood Burning Fireplace
Listing courtesy of Sothebys International Realty

Pricing History

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About 1185 Park Avenue

94

1185 Park Avenue has received a CityRealty Rating of 94, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

30
Out of 44
+
31
Out of 36
+
24
Out of 39
+
9
=
94
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Very Attractive 3 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Attractive 2 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
Some Noise 0 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
Yes 1 out of 1 points
Maids Room:
Some 1 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Central AC
  • Garden
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Rooftop Terrace
  • Courtyard
  • Laundry Room
  • Common Dining Room
  • Fireplaces
  • Landmarked
  • Library
  • Porte-Cochère / Driveway
  • Terraces / Balconies

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Pros
  • Large apartments
  • Health club
  • Garden
  • Doorman
  • Very impressive entrance
  • Only two apartments per elevator
  • Close to Subway
Cons
  • Lack of great views
  • Many apartments
  • Northern end of Upper East Side
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Subways

  1. 6
at Lexington Ave 0.13 miles
  1. 4
  2. 5
at Lexington Ave 0.38 miles

Aerial Imagery

 

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