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The Spencer Condominium, 1 East 62nd Street, #4AB

Listing no longer available on CityRealty as of Dec 1, 2022
It previously was on the market for a total of 1,042 days.
1042 days on Market

Pricing History

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Key Details

  • Listed: Jan 24, 2020
    Last Price Change: -17.6% ($750,000) on Dec 1
    Days on Market: 1042
    Building Type: Condominium
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 1,056 times
Monthly Common Charges: $8,705
Monthly Real Estate Taxes: $4,186
Total Taxes & Fees: $12,891 ($4.77/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $32,030 ($11.86/ft2)
Note: the above is based on a down payment of 20% ($700,000), which is the minimum amount permitted by the building.

Description

Perfectly situated on East 62nd Street between Fifth and Madison Avenues, this grandly scaled full-floor condominium residence is situated atop one of Manhattan’s finest residential landmarks, the Drexel Mansion. The Horace Trumbauer designed limestone Facade and original Reception Hall with elaborate architectural detailing greet you and lead upstairs to this very special abode. Immediately upon entry one is impressed by the scale of the rooms, original intact architectural details, and old world elegance of this very special space.

Available for the first time in more than 30 years, this magnificent and grandly scaled residence is ready to be reimaged by your architect and designer. The grand Living Room with soaring 11.80 ceilings has stunning tall French windows with original wrought iron balconies, and a wood burning fireplace with period mantelpiece. Beyond there is an elegant Dining Room and an adjacent Kitchen. The oversized Master Bedroom suite has lovely leafy views over the historically significant Mansions that East 62nd Street is known for. Beyond, there are several additional bedrooms, several bathrooms, and an enormous second Living Room/Library. This one-of-a-kind residence retains the magnificence and grandeur of the Horace Trumbauer original design for Mr.

Drexel, and is ready to be modernized and reimagined to suit your lifestyle. This is an exceptionally rare opportunity to create a full floor condominium masterpiece just off Fifth Avenue. The Spencer Condominium is a full service, white glove condominium which offers residents 24 hour Doorman service.

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Apartment Amenities

  • Washer/Dryer in apt.
  • Wood Burning Fireplace

About The Spencer Condominium, 1 East 62nd Street

81

The Spencer Condominium, 1 East 62nd Street has received a CityRealty Rating of 81, 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

24
Out of 44
+
28
Out of 36
+
19
Out of 39
+
10
=
81
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:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 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:
No Consistency 0 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unrelated Base 0 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:
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:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 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:
No Noise 1 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:
2 4 out of 5 points
Ceiling:
14 or more Feet 4 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:
None 0 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:
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:
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
  • Pre War
  • Walk Up
  • Intercom

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