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The Raleigh, 829 Park Avenue, #23D

$3,950,000 -7.1% | 5 beds, 3.5 baths
View Full Building Profile  | 
102 days on Market

Key Details

  • Listed: Jan 23, 2024
    Last Price Change: -7.1% ($300,000) on Apr 23
    Days on Market: 102
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 150 times
Monthly Maintenance: $9,907
Est. Monthly Mortgage: $13,661
Total Est. Monthly Carrying Cost: $23,568
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: This meticulously renovated duplex residence is located in the prestigious Park/Fifth Ave. to 79th St. neighborhood, just blocks from Central Park and Madison Avenue’s boutiques, galleries, museums, restaurants, and eateries. It offers convenient transportation options and is part of a pet-friendly building.
  • Exceptional Layout and Design: The property features an exceptional layout that separates living and entertaining areas from the 5 bedrooms and 3.5 bathrooms. It boasts a striking architectural steel staircase, 20-foot ceiling height, an expansive double-wide living room with oversized windows and multiple exposures, and a spacious open dining area.
  • Luxury Amenities: The luxury pre-war cooperative, built in 1909, offers 5-star amenities including 24/7 doormen, a live-in resident manager, a state-of-the-art fitness center, a central laundry room, and a large dedicated private storage unit included with the purchase.
  • High-End Finishes: The duplex has been renovated with prewar elegance and contemporary sophistication, featuring an original marble mantle wood burning fireplace, coffered ceilings, hardwood floors, and a windowed chef’s kitchen with high-end stainless steel appliances and custom cabinetry.
  • Purchase and Financing: Financing up to 70% of the purchase price is permitted, with a low 1.5% flip tax associated.
  • Private and Sophisticated Spaces: The residence offers a private elevator landing on both floors, a library-office space with custom floor-to-ceiling sliding glass and steel sliding entry doorway, and a primary bedroom with an ensuite stone bathroom and architectural glass window covers.

Description

Step into a meticulously renovated duplex residence that seamlessly blends prewar elegance with contemporary sophistication. Welcomed by a private elevator landing on both floors, discover a thoughtfully designed space featuring 10 rooms: including a grand living room; separate dining area; chefs kitchen; open office space; 5-bedrooms and 3.5 bathrooms.

The combination residence boasts an exceptional layout that artfully separates living and entertaining areas from bedrooms, ensuring a perfect balance of privacy and serenity. A striking architectural steel staircase serves as a captivating focal point, enhancing the uniqueness and beauty of the residence while creating a remarkable 20-foot ceiling height that elegantly connects both floors.

The expansive double-wide living room, with an abundance of oversized windows, includes Northern, Eastern and Southern exposures, provides natural light throughout.

Residence 2/3D features beautiful detailing and enjoys the elegance of an original marble mantle wood burning fireplace, coffered ceilings, hardwood floors, through the wall air conditioning,10’ceilings, all adding character to this inviting space.

Flowing seamlessly from the living room, a spacious open dining area leads to an oversized windowed chef’s kitchen. This culinary haven is equipped with stainless steel appliances such as a Viking oven, 4-burner gas cooktop with center grill, Sub-Zero refrigerator/freezer including refrigerator/freezers draws, two sinks, microwave/convection oven, Bosch dishwasher, wine/beverage center, granite countertops with a countertop hot plate, full-size washer/dryer, and custom steel, wood and glass custom built-in cabinetry offering an abundance of storage. Not to be overlooked, is a windowed breakfast passthrough to enjoy your morning breakfast as well as a guest bedroom/den on the main floor with a full bath as well as a guest half bathroom.

On the third floor, discover a layout currently configured with 3 bedrooms and a spacious library-office space.

The library stands out with a custom floor-to-ceiling sliding glass and steel sliding entry doorway including a beautiful marble mantle wood-burning fireplace, and three oversized Southern facing windows. This room can easily transform into another bedroom. The primary bedroom indulges with an ensuite stone bathroom and stunning architectural glass window covers, creating a tranquil ambiance for a restful sleep and a peaceful start to your day.

Built in 1909, 829 Park Avenue is a luxury pre-war cooperative offering 5-star amenities, a stunning lobby entrance including 24/7 doormen and a live-in resident manager to always assist in all your needs.

Residents enjoy a state-of-the-art fitness center and a central laundry room. Residence 2/3D enjoys a large dedicated private storage unit which transfers with purchase. This prime Upper East Side location just blocks from Central Park and Madison Avenue’s boutiques, galleries, museums, restaurants, and eateries, enhances its appeal.

Convenient transportation options make all areas easily accessible. The building is pet friendly, permits financing up to 70% of the purchase price, with a low 1.5% flip tax associated.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Raleigh, 829 Park Avenue

74

The Raleigh, 829 Park Avenue has received a CityRealty Rating of 74, 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

25
Out of 44
+
27
Out of 36
+
14
Out of 39
+
8
=
74
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
Attractive 2 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:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 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 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Many 2 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:
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:
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:
3-4 3 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 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:
None 0 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:
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
  • High-Rise
  • Pre War
  • Elevator

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Pros
  • Attractive pre-war building
  • Doorman
  • Close to subway
  • Convenient to fashionable boutiques, restaurants and art galleries
  • Close to the Whitney Museum of American Art
Cons
  • No garage
  • No sundeck
  • No health club
  • Across the street from Lenox Hill Hospital
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Subways

  1. 6
at Lexington Ave 0.10 miles

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