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In Contract

1220 Park Avenue, #PHB

$13,000,000 ($2,167 per ft2) | 6 beds, 6.5 baths | Approx. 6,000 ft2
Building Profile  | 
95 days on Market

Key Details

  • Listed: Sep 7, 2024
    Days on Market: 95
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 139 times
Monthly Maintenance: $16,641 ($2.77/ft2)
Est. Monthly Mortgage: $42,245
Total Est. Monthly Carrying Cost: $58,886 ($9.81/ft2)
Note: the above is based on a down payment of 50% ($6,500,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Expansive Living Space: Magnificent 14-room layout spanning approximately 6,000 square feet, offering grand proportions and exceptional light.
  • Luxurious Outdoor Areas: Features 5 terraces and 8 balconies, beautifully landscaped, providing stunning views and outdoor living options.
  • Gourmet Chef's Kitchen: Equipped with high-end appliances, including dual Subzero refrigerators and a Viking stove, perfect for culinary enthusiasts.
  • Elegant Master Suite: Dedicated third floor with a luxurious marble bathroom, oversized terrace, and breathtaking city views.
  • Renovated with Premium Finishes: Underwent a two-year renovation featuring top-tier finishes, including Nanz and PE Guerin hardware throughout.
  • Full-Service Cooperative: Prestigious building with a full-time doorman, fitness center, and private storage, ensuring a luxurious lifestyle.

Description

Magnificent 14-room home spanning approximately 6,000 square feet, featuring 6 bedrooms, 6.5 bathrooms, an expansive living room, dining room, library, and a separate breakfast/family room off the kitchen. The residence boasts grand proportions, beautifully landscaped outdoor spaces off all main rooms, including 5 terraces and 8 balconies, 6 wood-burning fireplaces, and exceptional light from 65 windows across all four exposures. The home has undergone a two-year renovation with top-tier finishes and mechanical systems, including Nanz and PE Guerin hardware and solid core mahogany flame doors throughout.

A private elevator landing opens to an elegant center gallery with lacquered walls and open south city views through floor-to-ceiling French doors.

The grand corner living room features Parquet de Versailles floors, Venetian plastered walls, a wood-burning fireplace, and six sets of French doors opening to Juliet balconies with unobstructed Park Avenue views. The adjacent dining room includes herringbone floors, goatskin-paneled walls, a decorative fireplace, and French doors leading to an east-facing landscaped terrace.

The oak-paneled library features another wood-burning fireplace and stunning views of the Midtown skyline, Central Park, and the Reservoir, with its own set of French doors leading to a landscaped terrace. An oversized powder room with shagreen-paneled walls is situated off the center gallery.

The windowed chef’s kitchen is equipped with black granite countertops, white subway tile, and floor-to-ceiling cabinetry with a sliding ladder for easy access.

Glass and bronze pocket doors open to a breakfast/family room. High-end appliances include 2 Subzero refrigerators/freezers, 2 additional Subzero refrigerator drawers, a 6-burner Viking stove with griddle, 2 Viking wall ovens, and 2 microwaves (one convection). Between the kitchen and butler’s pantry is a double Miele washer/dryer and two 132-bottle wine refrigerators.

This wing also includes a staff room and full bathroom.

The second level features four bedrooms, each with an ensuite bathroom and private outdoor space. The largest bedroom occupies the southeast corner, featuring its own wood-burning fireplace and access to a 73-foot south terrace and an additional terrace with eastern views. The suite includes a windowed dressing room with built-in closets and dressers and a marble bathroom with a vanity.

The second and third bedrooms have private terraces facing east and west, respectively, while the fourth serves as a media room.

The entire third floor is dedicated to the master suite, which features a wood-burning fireplace and floor-to-ceiling French doors with south and east exposures, offering spectacular city views from an oversized landscaped terrace. The suite includes a dressing room leading to a luxurious marble bathroom with a double vanity, soaking tub, and steam shower with floor-to-ceiling windows. Two large landscaped terraces offer panoramic views, including those of Central Park.

A large storage unit in the basement is included with the purchase.

1220 Park Avenue is a premier white-glove cooperative built in 1930 by renowned architect Rosario Candela.

This landmark building has 18 stories, 55 apartments, a gym, and storage facilities. A 3% flip tax is paid by the purchaser.

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Apartment Amenities

  • City View
  • Balcony
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 1220 Park Avenue

82

1220 Park Avenue has received a CityRealty Rating of 82, 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

22
Out of 44
+
30
Out of 36
+
20
Out of 39
+
10
=
82
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Architectural Masterpiece 8 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Poorly Done 0 out of 2 points
Plaza Or Atrium:
None 0 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:
None 0 out of 2 points
Fenestration:
No Consistency 0 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:
Dazzling 4 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Many 2 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 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:
Spacious 4 out of 5 points
Units Per Floor:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 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:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 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:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • High-Rise
  • Pre War
  • Resident Storage
  • Health Club
  • Elevator

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Pros
  • Fine location in the heart of desirable Carnegie Hill neighborhood
  • Convenient public transportation
  • Live-in superintendent
  • Some duplexes
  • Storage
  • Gym
  • Handsome rooftop water tank enclosure
  • Attractive lobby
  • Close to many fine schools- museums and religious institutions
  • Several terraces
  • Doorman
  • Close to Subway
Cons
  • Across side street from Hunter College High School
  • Protruding and discrete air-conditioners
  • No sundeck
  • Mismatched masonry on upper part of side street facade
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Subways

  1. 6
at Lexington Ave 0.13 miles
  1. 4
  2. 5
at Lexington Ave 0.48 miles

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