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The Savoy, 111 East 85th Street, #16F

$1,095,000 ($1,043 per ft2) | 1 bed, 1.5 baths | Approx. 1,050 ft2
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66 days on Market

Key Details

  • Listed: Feb 21, 2024
    Days on Market: 66
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $2,129 ($2.03/ft2)
Est. Monthly Mortgage: $4,913
Total Est. Monthly Carrying Cost: $7,042 ($6.71/ft2)
Note: the above is based on a down payment of 35% ($383,250), which is the minimum amount permitted by the building.

Description

Enter this high floor, sun flooded, convertible 2 bedroom, one and a half bath corner apt through a hallway lined with multiple closets and a powder room. The spacious, south facing living room has open city views, and an adjacent dining area is lined with a desk and multiple storage cabinets. The dining area can easily be converted into an office or bedroom if need
be.

The well- proportioned bedroom has windows facing both east and north, and is large enough for a king sized bed with adjacent tables and a dresser. The windowed kitchen is furnished with stainless steel appliances. The owner has completely updated the electric system.

The Savoy is a full-service cooperative which features a full time doorman, and a garage with discounted rates for owners with an entrance through the lobby.

There is also a furnished roof terrace with 360 degree views, and a central laundry room. The building also offers storage for bikes as well as luggage.

Conveniently located just steps from Park Avenue, the building is one block from 86th Street which offers multiple
transportation options. There you will find a crosstown bus, as well as a bus down Lexington Ave, and multiple subways such as the 4-5-6 and Q trains.

There are also multiple local restaurants and shops nearby including Staples, Barnes and Noble, Fairway Market for groceries, and Trader Joe’s. You are two and 1/2 blocks from Central Park, with close proximity to all the museums on Museum Mile, and the art galleries and restaurants along Madison Avenue.

The building allows 65% financing. Pets are permitted with Board Approval. There are no Pied-a-terres allowed, and no
co-purchasing, although parents are allowed to buy for children and students.

Please note: subletting is permitted with Board Approval, and with a fee of 25% of the monthly maintenance. There is NO Flip Tax.

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Apartment Amenities

  • City View

Listing Agent (Seller's Representative)

Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Savoy, 111 East 85th Street

64

The Savoy, 111 East 85th Street has received a CityRealty Rating of 64, 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

26
Out of 44
+
21
Out of 36
+
17
Out of 39
=
64
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Unattractive 3 out of 8 points
Retail Quality:
Good 3 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:
No, but OK 1 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:
Not Allowed 2 out of 2 points
Free Standing:
No 0 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 50 blocks 1 out of 5 points
Views:
Impressive 3 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:
Some Noise 1 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:
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:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
Substantial 2 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 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:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Post War
  • Resident Storage
  • Full Service Garage
  • Garden
  • Rooftop Terrace
  • Elevator
  • Laundry Room

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Pros
  • Excellent views from many apartments
  • Handsome, landscaped plaza entrance
  • Close to subway and buses
  • Garage
  • Balconies
  • Sundeck
  • Doorman
Cons
  • Close to school
  • No health club
  • Not far from fire department station
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.06 miles

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