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The Niagara, 1060 Park Avenue, #PHAPHB

$3,950,000 | 3 beds, 3.5 baths
View Full Building Profile  | 
30 days on Market

Key Details

  • Listed: Mar 27, 2024
    Days on Market: 30
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 806 times
Monthly Maintenance: $7,592
Est. Monthly Mortgage: $13,607
Total Est. Monthly Carrying Cost: $21,199
Note: the above is based on a down payment of 50% ($1,975,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: Located at 1060 Park Avenue in the Carnegie Hill neighborhood, this apartment is conveniently close to Central Park, Museum Mile, Madison Avenue shopping, the 86th Street 4/5/6 trains, and the M86 bus.
  • Spacious and Versatile Layout: The property includes two un-renovated penthouse apartments with versatile layouts, south/west exposures, a living room with fireplace, a conservatory, and a windowed kitchen.
  • Stunning Views and Outdoor Space: The apartments offer picturesque cityscape views surrounded by a sprawling wrap terrace. The majestic south terrace spans 100 linear feet, the east terrace has approximately 70 feet overlooking Park Avenue, and the west terrace enjoys a view extending to Central Park and the Reservoir.
  • Full-Service Cooperative: Designed by renowned architect J.E.R. Carpenter, 1060 Park Avenue is a highly regarded full-service cooperative. Amenities include a full-time doorman, a live-in Resident Manager, storage facilities, and a bicycle room.
  • Building Amenities: The building offers a range of amenities including a FT Doorman, Pre War, Resident Storage, Washer/Dryer in building, Elevator, and Bike Room.
  • Pet-Friendly: The building is pet-friendly, making it a great choice for pet owners. However, it does not have a sundeck, health club, or garage.

Description

PARK AVENUE TERRACED OASIS
A unique opportunity to design and customize a private haven atop the 14th floor of a distinguished prewar Park Avenue cooperative in Carnegie Hill.

The offering includes two light-filled un-renovated penthouse apartments with versatile layouts and picturesque cityscape views surrounded by a sprawling wrap terrace. The majestic south terrace spans 100 linear feet, the east terrace has approximately 70 feet overlooking Park Avenue, and the west terrace enjoys a view extending to Central Park and the Reservoir.

With south/west exposures, PHA has five rooms radiating off a large gallery that include a living room with fireplace, a conservatory, windowed kitchen, two bedrooms, and two full baths. There is also an outside staff room. PHB is an east-facing, three-room, one-bedroom apartment featuring a 23-foot living room with fireplace.

While these apartments are next to each other, they are not contiguous and cannot be joined. The connected outdoor space provides cohesion and offers ease of access between the units, allowing for flexible living options in a very special skyline sanctuary. These units can also be purchased separately.

Designed by renowned architect J.E.R. Carpenter, 1060 Park Avenue is a highly regarded full-service cooperative situated on the northwest corner of 87th Street.

Constructed in 1924, this 14-story building has a facade of red brick with a limestone base and an elegant marble lobby. Amenities include a full-time doorman, a live-in Resident Manager, storage facilities, and a bicycle room.

There is a 2.5% flip tax payable by Purchaser.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Brown Harris Stevens Residential Sales LLC

Pricing History

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About The Niagara, 1060 Park Avenue

73

The Niagara, 1060 Park Avenue has received a CityRealty Rating of 73, 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

23
Out of 44
+
27
Out of 36
+
15
Out of 39
+
8
=
73
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 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:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 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:
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:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 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:
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:
No Noise 1 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:
5-9 2 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 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:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Washer/Dryer in building
  • Elevator
  • Bike Room

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Pros
  • Convenient Carnegie Hill location
  • Not far from Central Park
  • Close to subway and cross-town buses
  • Pet friendly
  • Attractive lobby
  • Doorman
  • Relatively small apartments
Cons
  • No sundeck
  • Entrance on side street
  • No health club
  • No garage
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.14 miles

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